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PURC increases electricity & water tariff, effective September 1.

PURC increases electricity & water tariff, effective September 1.
The Public Utilities Regulatory Commission (PURC).

The end-user electricity and water tariff have both been increased by 27.15% and 21.55%, respectively, by the Public Utilities Regulatory Commission (PURC).

The new tariffs are anticipated to go into force on September 1, 2022, according to the Commission.

In a 55-page document made public on May 10, 2022, the Ghana Water Company Limited (GWCL) and the Electricity Company of Ghana (ECG) suggested raising prices for the following year.

The PURC should let the power distributor to levy a tariff increase of 148% for 2022, according to the ECG's proposal. Additionally, it requests 7.6 percent average changes between the years 2023 and 2026.

The Ghana Water Company's management also put out a proposal for a 334 percent increase in pricing. It claims that the average rate per cubic metre fell from 1.27 USD in 2019 to 1.13 USD as a consequence of the devaluation of the cedi.

The PURC provided notice that despite their effort, the Commission has yet to analyse the tariff suggestions and has not made a judgement on any of the submissions via its Executive Secretary, Dr. Ishmeal Ackah.

“In line with the Commissions process, the utility companies have been given the platform to engage stakeholders on their tariff proposals, including the Ministry of Finance, Ministry of Water Resources and Sanitation, Parliamentary Select Committee on Water, Works and Housing and the Development partners”, a statement from the Commission said.

Source: ghananews.hrforum.uk

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