Audio By Carbonatix
The Public Utility Regulatory Commission (PURC) is assuring consumers of some respite ahead of the utility tariff adjustments.
The Chairman of the Technical Committee of PURC, Ishmael Edjekumhene, said the Commission will not approve any unreasonable tariffs.
“PURC is considering the proposals presented by the utility providers, after which we will make a decision.”
“What I am certain of is that there is no way consumers will be made to bear the outrageous cost.
Meanwhile, the Commission is currently meeting all stakeholders across the country before announcing new tariffs.
PURC had earlier said it will consider the interest of all stakeholders in determining the new utility tariffs.
“PURC will weigh the concerns of the consuming public and other stakeholders. We’ll consider the interest of the consuming public and the investor community and protect the interest of the utility company by making sure that it is financially viable.
“We will also look at our regulatory benchmark, including the allowable losses, and all these are put together, so it isn’t just an academic exercise,” Head of Public Relations and External Affairs of PURC, Ali Simon Jarana said in a media interview.
Demands by utility providers
The Electricity Company of Ghana and the Ghana Water Company Limited are demanding over a 100% increment in tariff to meet what they call operational cost.
The Electricity Company of Ghana had proposed that its tariffs be increased by 148% for 2022 and with 7.6% average adjustments between the periods of 2023 to 2026.
The proposed sharp increment, according to ECG, is due to the gap between the actual cost recovery tariff and PURC-approved tariffs as well as the cost of completed projects.
The GWCL also argued that while the average tariff per cubic metre in 2019 was 1.27 USD, the same was reduced to USD 1.13 as a result of the cedi depreciation.
The GWCL said this has affected its ability to carry out repairs and replacements of aged and obsolete equipment and pipelines.
Latest Stories
-
Partey visa ban: We are racing against time – Ablakwa reveals barely 48hrs to Ghana’s opener
8 minutes -
DHLTU’s Open Day and Mini Trade Fair: When classrooms turn into marketplaces
9 minutes -
Stranded tricycle waste collectors threaten to offload trash at unauthorised locations in Kumasi
20 minutes -
Upper West minister challenges DHLTU leaders to excel at SRC Week 2026 launch
27 minutes -
Office of Government Machinery not burdened by political appointees — Kwakye Ofosu replies Damongo MP
1 hour -
US Air Force B-52 bomber plane crashes after take off in California
1 hour -
SpaceX IPO raised $10bn more than thought
1 hour -
Heroic Cabo Verde clinch draw with Spain
2 hours -
Parents of 24 Ghanata SHS students agree to pay GH¢5,200 over alleged food theft by their wards
2 hours -
Kasapreko PLC lists on GSE, opens new chapter for growth
2 hours -
AI strategy key to positioning Ghana as leader in responsible AI development – Bandim Abed-Nego
3 hours -
Damongo MP urges CSOs to probe true cost of Mahama’s government
3 hours -
Ministerial numbers alone do not reveal government size – Samuel Jinapor
3 hours -
Ghana’s flooding problem caused by years of poor attitudes and weak enforcement – Researcher
3 hours -
Two diesel trailers collide at Kwahu Hwidiem
3 hours