Tag: PURC
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Electricity tariff goes up by 4.22%
The Public Utilities Regulatory Commission (PURC) has implemented a 4.22 percent increase in electricity tariffs for all non-lifeline residential customers, affecting the average end-user. This decision comes after a review carried out for the third quarter of 2023 by the PURC. According to the PURC, the primary objective behind the tariff adjustment is to ensure…
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PURC reiterates need for electricity consumers to pay for power used
The Executive Secretary of the Public Utilities Regulatory Commission (PURC), Dr. Ishmael Ackah, has reiterated the need for electricity consumers to pay for power consumed without relying on the government. Speaking at a PURC-organized tariff education event for students of Takoradi Technical University, Dr. Ackah said that the introduction of new sources of power generation…
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PURC sets guidelines on competitive procurement for electricity generation capacity and energy
The Public Utilities Regulatory Commission (PURC) on June 9, 2023, approved the rate setting guidelines for competitive procurement and supply of electricity generation capacity and energy for the regulated electricity market. According to the Executive Secretary of PURC, Dr. Ishmael Ackah, the purpose of these guidelines is to promote transparency and efficiency in the procurement…
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Halt implementation of utility tariffs increment- FABAG tells govt
The Food and Beverages Association of Ghana (FABAG) is impressing on government to direct the Public Utilities and Regulatory Commission (PURC) not to roll out its recent announcement of increment in tariffs. Effective June 1, 2023, the cost of water services will see an upward adjustment for all consumer groups whiles electricity and natural gas…
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PURC justifies 18.36% increase in electricity tariff
The Public Utility Regulatory Commission (PURC) has given insights into factors that it considered in the approval of the recent 18.3 percent electricity tariff increase. According to the commission, the tariff was supposed to be increased by 27.5% to cover some GH¢1.3 billion that the Electricity Company of Ghana (ECG) ought to have recovered. The…
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Utility tariff increase will cripple businesses – AGI
The Association of Ghana Industries (AGI) has expressed disappointment at the Public Utilities Regulatory Commission (PURC) for announcing an upward adjustment in utility tariffs. Effective June 1, 2023, the cost of water services will see an upward adjustment for all consumer groups whiles electricity and natural gas is also expected to go up by 18.36%.…
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Utility tariff increase must match services provided – Consumer Protection Agency
The Consumer Protection Agency is pushing for better service delivery from utility service providers after the recent increase in tariffs takes off. Effective June, consumers will be paying extra for both the electricity and water they use as approved by the Public Utilities Regulatory Commission (PURC). But the Agency says, regulators must ensure that the…
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Water tariffs go up from June 1
Effective June 1, 2023, the cost of water services will see an upward adjustment for all consumer groups. This follows a review and approval by the Public Utilities Regulatory Commission (PURC) for water tariffs to go up for the second quarter of 2023. “In taking this decision, the commission took cognizance of the cost of electricity,…
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‘We had no choice’ – PURC justifies 18.36% electricity hike
The Public Utilities Regulatory Commission (PURC) has justified the 18.36 percent tariff increment announced on electricity and natural gas. According to the Commission, the decision was taken after its Quarterly Tariff Review meeting for the second quarter of the year 2023. The PURC blamed the depreciation of the cedi, inflation, electricity generation mix, and the…
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PURC increases electricity tariff by 18.36%
The Public Utilities Regulatory Commission (PURC) has increased tariffs for electricity and natural gas by 18.36% across the board for all consumer groups. The decision was taken after a review for the second quarter of 2023. PURC in a statement explained that the decision was taken to balance the prevention of extended power outages and…