Any tariff increase will be business-friendly – PURC

The Executive Director of the Public Utilities Regulatory Commission (PURC), Dr. Ishmael Ackah has hinted at a tariff increment soon.

He however did not provide the effective date for the adjustment. Dr. Ackah also declined to mention the percentage increment.

He nonetheless, indicated that the tarrif adjustment will be “business-friendly, especially for Small Medium Scale Enterprises (SMEs).”

Dr. Ackah disclosed this at an interaction with media personnel in Accra last Friday, August 12, 2022.

He noted that PURC acknowledges the economic challenges utility consumers face. However, this must be juxtaposed with the need for the providers to stay in business.

The PURC boss also stated that in coming up with the new tarrif, benchmark losses incurred by the utilities, such as technical losses and illegal connection are taken into consideration.

He assured that very transparent processes have been used to arrive at the yet to be announced tariffs.

He used the occasion to announce that the Commission will be celebrating its 25th anniversary in September. “The celebration will be characterised by consumer clinics to educate the public about our mandate,” he said.

Source: Joy Business News