15th August 2022 4:12:01 PM
2 mins readThe Public Utilities Regulatory Commission (PURC) has assured that any moves to implement a tariff increment will be business-friendly to many sectors of the economy.
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According to the Executive Director of the Commission, Dr Ishmeal Ackah, his outfit acknowledges the current economic challenges utility consumers in the country are faced with.
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Addressing journalists during a media encounter in Accra on Friday, August 12, the PURC boss indicated that the imminent tariff adjustment will be “business-friendly, especially for Small Medium Scale Enterprises (SMEs).â€
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Without providing specific dates for the tariff increment to take effect, Dr Ackah also declined to state the percentage for the possible increment.
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He however said considerations into technical and financial losses were taken before the yet-to-be-announced tariff increment was determined for utility providers to stay afloat.
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Dr. Ackah assured consumers of a transparent and fair process that will benefit both consumers and the regulated utility companies.
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It would be recalled that the Electricity Company of Ghana (ECG) and the Ghana Water Company Limited (GWCL) have earlier made claims for an increment in their tariffs.
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The Electricity Company of Ghana demanded a 148 percent increase in tariff.
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A proposal from the power distributor submitted to the Public Utilities Regulatory Commission (PURC) wanted the adjustment to cover the period 2019 and 2022.
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ECG also proposed an average increase of 7.6 percent in tariff over the next four years to cover Distribution Service Charges (DSC).
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The Ghana Water Company Limited, on the other hand, requested a 334 percent increase in tariff.
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These proposals generated widespread conversation with many Ghanaians asking the PURC to reject these proposals.
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Source: Ghanaweb
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