PURC urges fuel consumers not to panic over impending tariff review
The Public Utility Regulatory Commission (PURC) has urged consumers to keep calm as it prepares to review price of tariffs.
The commission says it will announce new utility tariffs by December 9, after it receives proposals from utility companies.
Although tariff proposals are yet to be received by the commission, Ghanaians have expressed worry about a possible increase in electricity and water bills .
Chairman of the Technical Cub Committee, PURC Ishmael Agyekum Hene, told Starr News concerns over possible increment are premature.
“Not until we’ve known what their costs are, and analysed those proposals, we wouldn’t be able to tell whether those tariffs will be going down, will be staying where they are, or should be going up.
“So, at this stage I can’t tell how the whole thing is going to look like. A lot of factors determine where the tariffs should be. It depends what permutation of hydrothermal that we going to have, what combinations we going to have,” he explained .
Ishmael Agyekum Hene noted “if VRA tells us that the hydrology in the Akosombo dam has improved so we going to get more hydro, it would have an impact. Also, the dollar to cedi exchange rate will also have an effect.
“You put all of these together to determine what the tariff should be like. So, at this stage I think it’s too early for anybody to be concerned nor to be worried”.