26 June 2014

Ghana Power, Water Tariffs Up

Accra — GHANA'S Public Utilities Regulatory Commission (PURC) has announced an increase in water and electricity tariffs.

These would increase by 6,1 percent and 12 percent respectively.

Director of Public Affairs at the PURC, Nana Yaa Gyantuah, explained that an initial 31 percent hike in electricity and 14 per cent hike in water had been agreed at management level but said the proposal had been forwarded to the Board of the Commission for approval.

According to her, the board members were meeting to consider the new proposal, adding the public must "expect an increase" irrespective of whatever the decision the Board will take.

The PURC failed to adjust tariffs in the second quarter which coincided with a severe load shedding exercise.

The commission therefore decided to suspend the increment then.

Pondering over the proposed third quarter increment, the Board concluded that instead of imposing the increment it would rather implement the second quarter increases.

The utilities regulator was expected to officially announce the increment on Thursday.

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