The Public Utilities Regulatory Commission (PURC)’s approved new water tariff for the second quarter is set to take effect on June 1, 2023.
The PURC concluded the Quarterly Tariff Reviews for the second quarter of 2023 as part of its regulatory mandate.
This was a few days after the Commission announced a 36% increase in electricity and natural gas tariffs for all consumer groups following its review of the second quarter of 2023.
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In a statement, PURC noted that in taking the decision, the Commission took cognisance of the cost of electricity, Increased volume/cost of chemicals for raw water treatment, the Ghana Cedi/US Dollar exchange rate, and inflation.
“This review has become necessary to maintain the real value of the cost of supply of the utility services and to ensure that the utility companies do not under or over-recover costs”the Commission’s Executive Secretary, Ishmael Ackah said in a statement,” it stated.
PURC added that, “While under-recovery has negative implications for the ability of the companies to supply service to consumers, and has the potential of causing outages of electricity, over-recovery unnecessarily overburdens consumers of electricity.” the statement added.
Meanwhile, it noted that the Commission will continue to monitor the operations of the utility service providers to ensure value for money and quality of service delivery.
Ghana| Atinkaonline.com| Porcia Oforiwaa Ofori