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Electricity prices surge by 18.36% as new adjustments come into force today

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Ghanaians will from today pay more for electricity following the Public Utilities Regulatory Commission’s (PURC) decision to approve new tariffs across  board for all consumer groups.

PURC blamed the decision on the rising cost of fuel and gas, cedi depreciation, inflation among others.

Below is a statement from PURC providing further justification for the new electricity tariffs.

With the recently announced quarterly tariff decision, the electricity utilities are to recoup an amount of GHS1.3149 billion over the next quarter. This is to help purchase fuel to generate power, transmit, distribute and continuously serve consumers. To recover the full amount, electricity tariffs should have been increased by 27.51%.

However, given the approved tariff of 18.36%, an amount of GHS877.70 million will be recovered, leaving a balance of GHS437.22 million to be recovered. On the other hand, the amount to be recovered through the water tariff is GHS 650,267,161 million.

Speaking to A1 Radio’s Mark Smith about the increment, the Upper East Regional Manager of PURC, Seth Kponyo explained that the Commission has put measures in place to ensure that customers are not shortchanged or over charged. 

“As usual of the Commission, from the day any new tariff would start, we go round to monitor the implementation. We visit the vendors and the NEDCo outstation offices to inspect customers receipts to ensure that what the Commission approved is exactly what is being charged.”

“So as usual we will be going to outstation in Navrongo, Bongo and within town and other nearby communities to inspect customer purchase receipts. One of the things consumers can do also is to demand or ask for a tariff reckoner,” he said. 

Mr. Kponyo explained that when consumers have genuine concerns about the adjustment, initial reports should be made to the utility companies and if still not satisfied with the results, the PURC remains committed to ensuring that consumers’ needs are protected. 

Source: A1radioonline.com|101.1MHz|Mark Kwasi Ahumah Smith|Ghana

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