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
-
Jason Arday death ‘tragedy on so many levels’ says PM
18 minutes -
Rotary Club donates phototherapy machine to Ussher Hospital
25 minutes -
Analysis: Jason Arday’s death will send shockwaves through a divided academia
34 minutes -
CJ’s vacation warrants not limited to politically sensitive cases – Victoria Bright
1 hour -
Parts of Accra to experience power interruption on Sunday for emergency GRIDCo tower restoration
1 hour -
Dafeamekpor defends Ayine’s handling of Aksa case, faults past AGs
2 hours -
Luv FM High School Debate: Afigyaman, OKESS seal Round of 16 spots in style
2 hours -
Dafeamekpor urges Parliament to stay out of Aksa probe, backs expert-led inquiry
2 hours -
The rise and rise of Azigi
2 hours -
Is Angela List being targeted? Government must reconsider the Adamus revocation
2 hours -
Bezos-backed consortium buys a third of Liverpool
2 hours -
Galamsey is becoming a national survival issue – Annoh-Dompreh
3 hours -
Beyond State Funding: NSA Inaugurates Deen-led team to power Ghana’s sports reset
3 hours -
Jason Arday death ‘tragedy on so many levels’ says PM Burnham
3 hours -
NPP has never used nolle prosequi to shield appointees – Baffour Awuah
3 hours