The Public Utilities Regulatory Commission wishes to inform consumers of Electricity and Water that, there has been a review of the existing tariffs, to take effect from July 01, 2024, to September 30, 2024.
These reviews have been undertaken in line with the Commission's Quarterly Tariff Review Mechanism, which tracks and incorporates movements in key uncontrollable factors, namely the exchange rate between the US$ and the Ghana Cedi, domestic inflation rate, the electricity generation mix, and the cost of fuel, mainly natural gas.
These reviews are undertaken to maintain the real value of the tariffs, thereby keeping the utility service providers financially viable to enable them deliver on their services to consumers.
The Commission, in undertaking this review also considered the competitiveness of industries and the general living conditions of the Ghanaian. Having considered all the underlying factors, the Commission wishes to announce that, there will be 3.45% increase in electricity tariffs for lifeline consumers (0-30kWh); 5.84% increase for all other residential consumers who are not part of the lifeline category bracket (31 kWh and above) as well as the non- residential category.
The industrial category will experience an increase in electricity tariffs of 4.92%. Water Tariffs will experience an increase of 5.16% for all customer classes for the period under review.
The Commission is grateful to all stakeholders for their support as it continues to implement these Quarterly Tariff Reviews to address the ever-changing needs of the Utility Service Providers to enable them undertake their efficient operations, while holding them to strict adherence to the Commission's regulatory standards and benchmarks. This is done through the continuous monitoring of the operations of the Utility Service Providers to ensure value for money and quality of service delivery.
This was contained in a statement signed by Dr. Ishmael Ackah, Executive Secretary of the Public Utilities Regulatory Commission.
Read attached the full statement.
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Source: Peacefmonline.com
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Prof. Albert Adu-Boahen told then head-of-state Gen. Kutu Acheampong that in order to solve the problems of our cities, we must only allow developers to build houses after an area has been well planned.
Ghanaians, after gaining a lot of money and building a mansion in Accra or Kumasi, if you don't think of building a good mansion in your hometown for yourself and your relatives, somewhere in the districts, then I don't know what to say of you. What would you do with your money? In a certain constituency, no one knows the MPs house o! No one knows the minister's mansion. Does he really hail from the constituency? If the MP or minister hasn't thought of building a house or mansion in the constituency, then why would he think of tarring a road or building a hospital. Ghana fo), yen hwe yie!