The Public Utilities Regulatory Commission (PURC) has announced tariff increases effective September 1, 2022.
Tariffs for electricity and water are expected to go up by 27.15% and 21.55% respectively.
This was contained in a press release issued by the Commission today and sighted by MyJoyOnline.com.
The PURC in the said release acknowledged the economic difficulties faced by consumers but said without these tariff increases, the utility providers may not meet their mandate.
“In balancing interests of the service providers and consumers, the PURC acknowledged that the very economic variables that have occasioned the steep increases proposed by the service providers also affect the consumers.
The Commission, however, admitted that some level of increases in utility tariffs were inevitable if the nation was to avoid another power crisis and its attendant effects including job losses.
PURC, therefore, decided to increase the average end-user tariff for electricity by 27.15% and water by 21.55%, effectively September 1.”
The ECG had earlier demanded 148% increase in tariff.
The proposal from the power distributor, submitted to the PURC requested the increment to cover the period 2019 and 2022.
It also proposed an average increase of 7.6% in tariff over the next four years to cover Distribution Service Charges (DSC).
On the other hand, the Ghana Water Company Limited also demanded 334% increase in tariff.
The GWCL insisted that approved tariffs over the years have not been fully cost-reflective.
But consumers of water and electricity disagreed. They argued that proposals for utility tariffs are too high.
According to the consumers, they do not agree that the increase in utility tariff is commensurate with the services rendered.
Latest Stories
-
Today’s front pages: Tuesday, March 19, 2024
12 mins -
GPL 2023/24: Hearts of Oak beat Hearts of Lions to go top of Kotoko
21 mins -
Otumfuo calls for improved payment systems for road contractors
27 mins -
Don’t transmit the Anti-LGBTQ+ Bill to Akufo-Addo – Presidency to Parliament
33 mins -
Ghana’s economic downturn not only due to COVID-19 but also excessive spending – IMF
37 mins -
Canon Miraisha Partners with SOS Children’s Villages Morocco to Empower Youth through Photography Education
52 mins -
Gunmen in Nigeria kidnap about 100 in weekend attacks
2 hours -
Aftermath of soldiers killings: Bloodbath in Delta, villagers flee, hide in forests
2 hours -
Evergrande: China property giant and its founder accused of $78bn fraud
2 hours -
All set for ‘Detor – The Rise of A Warrior Hunter’ premiere
3 hours -
Obaapanin Grace Duoduwaa aka Ogrey
3 hours -
How to heal your heart after you’ve been left
4 hours -
Joy FM’s Eastern Camp Adventure: Discoveries, experiences, excitement!
4 hours -
There are 3 types of divorced men — and only one is relationship material
4 hours -
More than 79,000 Ghanaian girls 12 -17 years married, living with men
4 hours