Audio By Carbonatix
The Ghana Union of Traders’ Associations (GUTA) has appealed to the Public Utilities Regulatory Commission (PURC) to reconsider and suspend the implementation of newly approved electricity and water tariff increases set to take effect on July 1, 2026.
The call follows PURC’s announcement of its third-quarter tariff review, which raised electricity tariffs by 3.49 per cent and water tariffs by 0.85 per cent.
The Commission attributed the adjustments to factors including exchange rate movements, inflation, fuel costs and changes in the power generation mix.
In a statement issued on June 24, GUTA challenged the rationale behind the increases, arguing that the reasons advanced by the regulator have been repeatedly used to justify tariff hikes over the years.
The Association maintained that recent economic indicators do not support any upward adjustment in utility charges.
According to GUTA, the cedi’s average depreciation of 4.18 per cent between April and May was too marginal to warrant higher tariffs. It also noted that inflation only increased slightly from 3.4 per cent in April to 3.7 per cent in May.
In addition, the Association pointed to recent reductions in fuel prices, with petrol declining by 9.3 per cent and diesel by 1.7 per cent during the second pricing window of June.
Rejecting concerns about power generation challenges, GUTA argued that there are currently no significant issues affecting the generation mix, as power plants are operating normally.
“The cedi indeed depreciated by an average of 4.18% between April and May, but this depreciation is insignificant, which does not call for any increment. Inflation just rose from 3.4% in April to 3.7% in May, which is also minimal. Regarding fuel prices, they fell in the second pricing window in June. Petrol fell by 9.3% and diesel by 1.7%. On the issue of Generation Mix, there is no problem, as all the machines are working. PURC has no justification for this tariff increment,” the Association stated.
Latest Stories
-
Prof. Mike Oquaye recounts how he blocked Special Prosecutor’s attempt to arrest Bawku Central MP
11 minutes -
Make health sovereignty a priority for Africa – Mahama
22 minutes -
Dorimon Naa, Wa West DCE lead massive clean-up exercise; threaten sanctions against recalcitrant residents
39 minutes -
Photos From Adom FM Y2K Jam
42 minutes -
Praye Tiatia steals the show at Adom FM Y2K Jam [Watch]
51 minutes -
Boakye Agyarko congratulates John Boadu, pledges support for NPP leadership
1 hour -
Antwi HiMight thrills fans with Antwi ne Antwi hits at Adom FM’s Y2K Jam [Video]
1 hour -
Amb. Edward Boateng congratulates Boadu, Kodua on election wins
2 hours -
John Boadu pledges to rebuild NPP from grassroots and restore ‘winning machinery’
2 hours -
Ashaiman Assembly deploys monitoring system to curb dumping in storm drain
2 hours -
John Boadu must rebuild, unite NPP for 2028 – Edward Boateng
2 hours -
Executive intimidation of opposition undermines separation of powers – Prof Oquaye
2 hours -
I have no issue with John Boadu; we’ll work together – Justin Kodua
3 hours -
Adom FM Y2K Jam delivers a night of music, fashion and nostalgia
4 hours -
Lawrence Kobena Nsarko Otoo, Esq
5 hours