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The review of utility tariffs by the Public Utilities Regulatory Commission (PURC) has been extended as the Commission sets a new date for completion of preliminary stakeholder consultations. The Commission will only begin the review process after meetings with key stakeholder groups. There was a previous June ending deadline, but the Commission has pushed the date to second week in July. According to Nana Yaa Jantuah, Director of Public Relations and External Affairs at the Commission, they can only make a proper review after stakeholder consultations and media monitoring. She explained that the issues identified after media monitoring would also be factored into the review process. Nana Yaa Jantuah was optimistic that the PURC would come out with a report that will satisfy both power producers and consumers. “The law enjoins us to look at the financials, ability and integrity of the utility provider, while at the same time ensuring that the consumer...is treated equitably and fairly”, she said. Utility providers are pushing for an immediate upward adjustment of tariffs because of rising costs of production.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.