PURC don start to develop new electricity price plan wey go fit businesses wey dey under government 24-hour economy policy. When dem introduce am, dis new plan go offer lower or reduce price during night time to encourage night time business activities for country. With dis new price structure, businesses wey use electricity between 11 p.m. and 4 a.m. go benefit from cheaper electricity cost, and dem go install special smart meters to support am. Dis initiative, which dem dey do technical and regulatory assessment with Energy Commission and Electricity Company of Ghana (ECG), suppose start by fourth quarter of dis year.

Executive Secretary of PURC, Dr Shafic Suleman, for one exclusive interview with Daily Graphic for Accra, talk say dis policy na to boost business activities, support electric car use and drive success of country night time economy wey just start. "Under dis new regime, go introduce special electricity price for customers wey use electricity between 11 p.m. and 4 a.m., although policy still dey finalise." "Eligibility go apply to individuals and businesses wey join 24-hour economy initiative, especially those wey plan to dey operate 24/7," e talk say.

Background: Na one of the main promises wey governing National Democratic Congress (NDC) make during campaign na to reduce electricity price. President John Dramani Mahama, den be flag bearer of NDC, talk for several campaign platforms say im government go make sure say businesses wey dey under 24-hour economy get reduce electricity price. Since im enter office, President don start the 24-Hour Economy and Accelerated Export Development Authority under 24-Hour Economy Authority Act, 2026. Na dis authority go be central body wey go implement policy, align public and private sector efforts, and address infrastructure and regulatory needs.

Time-of-use: Executive Secretary of PURC talk say e don prioritize introduction of "time-of-use" price system as central part of new pricing framework. Dr Suleman explain say dem dey evaluate dis concept after dem approve 24-hour economy policy to help create different electricity prices based on when person use am. E say policy design to encourage electricity use for night time, with time-of-use model be tool to influence and control how people dey use electricity across different sectors. Dr Suleman add say initiative go get regulatory framework wey dem dey develop with Energy Commission to make sure say implementation go smooth.

Smart metering: To support dis policy rollout, Dr Suleman stress say e don dey collaborate with ECG to introduce specialized smart meters wey go automatically apply reduce prices during specific hours. "So, you go buy special meter, e go work normal during day, but from 11 p.m., e go automatically charge lower price until early morning," e explain. E say automated system go make consumers benefit well without need for manual adjustment, while also make operations better. For timeline matter, e say implementation go happen within dis year, but depending on completion of technical work and meter deployment. "We dey hope say we go roll am out by third quarter, around July to September, or possibly between October and December, depending on how quickly we coordinate with ECG on availability of meters," e state. E add say commission go first introduce price structure before allow market participants respond properly.

Economic impact: PURC boss talk say proposed price regime go significantly support 24-hour economy by encourage more business activities for night and reduce operation cost. E say initiative also go help electric vehicles (EV) adoption, as reduce night time price go make charging cheaper. E say stable and reliable electricity supply go be key to success of initiative, as energy go lead night economy because nobody wan dey operate for darkness.

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24-hour economy gets boost: PURC to introduce night power pricing for businesses

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