Business News of Friday, 27 February 2015

Source: B&FT

Micro enterprises to enjoy solar meters

Government is working on a proposal that will make solar power available to barbers, hairdressers, and other micro entrepreneurs, President Mahama has revealed.

A prepaid solar meter scheme that would enable residents of remote off grid communities own and enjoy solar lighting would be launched as a private sector activity facilitated by government.

Addressing Parliament at the 2015 State of the Nation Address on Thursday, President Mahama pointed out that government will soon be rolling out new initiatives on solar energy this year.

Key stakeholders in the energy industry have suggested that government provides households with solar panels to help solve the energy crisis Ghana is battling with.

He stated prepaid solar meters will be rolled out in the rural areas , with micro enterprises including hairdressers, barbers all expected to benefit.

Small scale businesses have complained of feeling the pinch of the erratic power supply.

The President added that the β€œnew Ministry of power is working on proposals to restructure the power sector beginning with the VRA and the Bui Power Authority.”