The Minority in Parliament has decried the decision by Public Utilities Regulatory Commission (PURC) to increase utility tariffs .
The Ranking Member on Parliamentâ€™s Mines and Energy Committee, John Jinapor in a press statement dated Thursday, August 15, stated that the increase in utility tariffs by PURC will only exacerbate the current high cost of living.
According to him, â€œa critical look at the tariff structure as announced reveals that all residential consumers who fall between 0-300 kWh bracket have witnessed a price increase from GHp/kWh 65.4161 to GHp/kWh89.0422, representing an increment of almost 34%.
â€œIt should be noted that the bulk of residential consumers fall within the 0-300 kWh bracket and will therefore be adversely affected by the 34% adjustment,â€ he stated.
His comment comes after the PURC announced new tariffs for electricity and water.
Utility consumers will payÂ 27.15 per cent for electricity and 21.55 per cent for waterÂ effective September 1.
John Jinapor bemoaning the increment of utility tariffs also mentioned thatÂ petroleum products at the pumps have witnessed a colossal increment of about 100%. So far the Energy Debt Recovery Levy has seen an increase of 20%; the Price Stabilization and Recovery Levy is up by 40%.
He said, â€œThe Unified Petroleum Pricing Formula has been increased by 164%, whilst the BOST margin has been increased from three pesewas to nine pesewas representing a 200% increase. As if this is not enough, the fuel marking margin levy has also been increased by another 233%.This is against the background that the volume of petroleum products consumed has increased by 35% from 4 billion litres to 5.5 billion litres.â€
This, he says will worsen the plight of the already impoverished Ghanaian.
He, therefore, he called on government to intervein and cushion Ghanaians from these windfalls.
Source: The Independent Ghana