New electricity tariffs to be announced on Feb 1 - PURC

Mr Ishmael Edjekumhene, the Chairman of the Technical Committee of the Public Utilities and Regulatory Commission (PURC), has disclosed that Ghanaians should expect new electricity tariffs from 1st February.

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Mr. Edjekumhene said this at a public hearing on tariff adjustment in Accra yesterday.

He said the Committee is engaging with the various stakeholders to reach a reasonable tariff adjustment for consumers.

He said while the concerns raised by the public at various consultative meetings across the country would be considered in the review procedure, one key factor the PURC would take into consideration before approving the new utility tariffs was to ensure a high level of efficiency on the part of service providers.

Last week, the Minority in Parliament speculated that there is a likelihood that electricity tariffs will increase by 60% in February due to a takeover of ECG by a new company.

The Minority Spokesperson on Energy, Adams Mutawakilu who spoke to reporters revealed that the ECG has accumulated debts which are ballooning towards $400 million. This, therefore, will force the new management to raise the tariffs.

The consultative meeting was to enable the service providers to present their proposals before the stakeholders for consideration.

The utility companies who attended the meeting were the Electricity Company of Ghana (ECG), Ghana Grid Company (GRIDCo), Northern Electricity Distribution Company (NEDCo), Enclave Power Company Limited, a Ghanaian-owned private power distribution company, Ghana Water Company Limited and Power Distribution Services Limited (PDS), which is taking over the ECG.

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