Friday, 27 March 2015

Electricity and water tariffs to be increase on April 1.




A statement signed by the Acting Chairman of the Commission, Ing. Stephen Akuoko, said although the Commission arrived at an actual increase of 31.73 per cent for electricity and 21.30 per cent for water, the Commission used the Decision Variable to pass on a minimal tariff increase.

According to the statement. ..

“It should also be recalled that the GWCL was denied a 4.54% Water Tariff increase as a form of a penalty during the fourth
quarter of 2014 due to the non - compliance with Regulatory Directive, but fortunately they have fulfilled the benchmark.
Therefore, the Commission has released for implementation effective April I, 2015 the gazetted water tariff for the fourth quarter of 2014.''

Electricity and water tariffs have gone up by 2.63 per cent and 1.06 per cent respectively effective April 1, 2015, the Public Utilities Regulatory Commission (PURC) has announced.



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