Electricity And Water Tarrifs Shoot Up
...By 29.96% & 8.3% Respectfully...
Ghana’s utility regulatory body, The Public Utilities Regulatory Commission (PURC) has announced increment in utility tarrif effective February 1, 2023.
In their press statement, the PURC stated electricity will go up by 29.96 per cent across board for all consumers whereas water will be 8.3 per cent.
It said the upward adjustment was in line with the Quarterly Tarrif Review Mechanism and Guidelines shared in August 2022.
The statement further explained it was very mindful of the current economic instability coupled with hardship in the country.
It said it was the hardest but safer decision; to prevent Ghana from returning to the days of power outage, commonly called dumsor which will affect livelihood and jobs if it fails to increase the tarrifs hence the increment.
“The Commission however approved varying rate of adjustments including some reduction for selected industrial and commercial users as part of ongoing restructuring of existing water rate structure,” it added.