01August2014

Business in Ghana

Government commits 1 million Ghana cedis to promote energy efficiency

Government says it is committing an amount of one million Ghana cedis annually for the purchase of new refrigerators as part of efforts to ensure energy efficiency in the country.

The move is part of initiatives that government is embarking upon under the efficient refrigerator rebate scheme in the country.

Under the project consumers who turn in their old refrigerating appliances for  new ones will be required to pay part of the cost of  new refrigerators.

Chief Director at the Ministry of Energy, Professor Thomas Akabzaa, made this known in an address read on behalf of the Minister of Energy, Dr Joe Oteng Adjei, at the launch of the efficient refrigerator rebate scheme in Accra.

According to him, the government commitment to the exercise demonstrates how government is contributing 1 million Ghana cedis per year for the next three years to stimulate the purchase of new refrigerators and distribute to shops throughout the country.  

The Chief Director at the Ministry of Energy, Professor Thomas Akabzaa, also noted that consumers would be required to exchange their functional refrigerators for the certified ones from rated shops across the country.

Meanwhile a study carried out by the Institute of Industrial Research estimated that there are about two million inefficient refrigerating appliances in use throughout the country.

These appliances are also said to be high energy consuming facilities with an average of 1,200 kilo watt per hour annually, a rate which is thrice the figure worldwide.

Source: Gold Business Report || Henry George Martinson