Water Tarrifs to go up June 1
The Public Utilities Regulatory Commission (PURC) has increased water tariffs for the second quarter of 2023.
Consumers will, therefore, have to pay more for water from Thursday, 1 June 2023.
The PURC in a statement issued on Thursday, 19 May 2023, explained that it “took cognizance of the cost of electricity, increased volume cost of chemicals for raw water treatment, the Ghana Cedi/US Dollar exchange rate and inflation,” in taking the decision.
Meanwhile, the PURC has announced the review of tariff for natural gas and electricity.
The review takes effect from the second quarter of 2023.
“The review has become necessary to maintain the real value of cost of supply of the utility services and to ensure that the utility companies do not under or over recover costs,” the PURC said in a statement issued on Wednesday, 17 May 2023.
It continued that: “The first quarter decision resulted in a 25 per cent under-recovery of the exchange rate. This has to be recovered in order to ensure that the country does not add to the already mounting debt in the energy sector.”
It revealed that: “The projected exchange rate for the second quarter plus the first quarter under recover is GHS12.7118 to the US Dollar.”
Hence, the average end-user tariff for electricity has been increased by “18.36 percent across board for all customer groups.”
Source: classfmonline.com/Elikem Adiku
Trending News
Clear indication defeat staring NPP in the face - NDC
10:58NPP sets up disability secretariat
02:46Adu Boahen’s murder: Police arrest house help who was in possession of deceased’s personal belongings
08:16Train crash: I'd be asking some serious questions were I president – Mahama
07:02Asantehene commends Matthew Opoku Prempeh for conceiving GENSER Kumasi Pipeline Project
01:37We're prioritising solar, wind, hydro power for energy growth – Akufo-Addo
08:12Struggle for next NDC leader'll make Mahama gov't lose focus if he wins 2024 polls - Afenyo-Markin says Bawumia 'better' option
14:16Dec. 7 polls: Prioritise national interest over politics – Head of civil service tells staff
07:59Naana Jane embodies authority and authenticity - Joyce Bawah insists
12:58Train crash man jailed six months
13:36