Monday 30th September, 2019
Accra, Sept. 30, GNA –
The Public Utilities Regulatory Commission (PURC) Monday announced that
electricity tariffs will go up by 5.94 per cent from Tuesday, October 1.
Water tariffs will
also increase by 2.22 per cent, with both adjustments covering October to
December.
A statement signed by
Mrs Mami Dufie Ofori, the Executive Secretary of the PURC, said the increases
were in line with the Commission’s Automatic Adjustment Formula, which
considered factors such as the Ghana-US dollar exchange rate, inflation, price
of Crude Oil and Natural Gas and the generation mix (hydro and thermal).
Other factors were
power purchase cost, demand forecast, electricity cost and fuel mix.
The PURC in June 2019
announced an 11 per cent increase in electricity tariff, which took effect on
July 1.
The statement said the
Commission would embark on an effective Tariff monitoring programme aimed at
providing the end user improved quality of service.
GNA
