PURC to announce new utility tariffs in June 2019

PURC to announce new utility tariffs in June 2019

- The PURC is set to announce new utility tariffs in June 2019

- It added that the new tariffs would take effect from July 2019

- The PURC stated that it arrived at the decision after consultation with stakeholders

The Public Utilities Regulatory Commission (PURC) has indicated that it would announce new utility tariffs in June 2019. The commission added that the new rates would take effect from July 2019.

According to the PURC, it stated that it reached the decision after taking inputs from a number of stakeholders.

YEN.com.gh understands that the stakeholders included the Northern Electricity Distribution Company (NEDCo), the Electricity Company of Ghana (ECG) and the Ghana Grid Company (GRIDCo).

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It added that it intended to organize a public hearing on the tariff adjustment on January 14, so that they take effect on February 1, 2019.

The announcement, PURC went on, added that the announcement was delayed due to the takeover of Power Distribution Services (PDS) from the ECG.

The head of public relations of the PURC, Bawah Munkaila, said that an accurate tariff adjustment could only be determined after enough data has been gathered from the new service provider.

Per a report by Citinewsroom.com, the PURC had early on indicated that electricity tariffs would remain unchanged until July 1, 2019.

In a statement, it said the changes in electricity tariffs, which is expected to take effect on July 1, 2019, would be announced in due course.

The PURC had said the decision to maintain tariffs was due to “critical emerging issues in the sector, which are expected to affect the final tariff setting.”

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Source: Yen

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