businessGeneral NewsLocalTop stories

Water rates will rise on June 1st.

15views
Spread the love

All consumer groups will notice an increase in the cost of water services beginning June 1, 2023.

This comes after the Public Utilities Regulatory Commission (PURC) reviewed and approved an increase in water pricing for the second quarter of 2023.

“In making this decision, the commission considered the cost of electricity, the increased volume cost of chemicals for raw water treatment, the Ghana Cedi/US Dollar exchange rate, and inflation,” according to a PURC statement made on Thursday, May 18.

“The Commission will continue to monitor utility service providers’ operations to ensure value for money and quality service delivery,” it added.

During the same time period, PURC raised electricity and natural gas tariffs by 18.36% overall.

According to PURC, the decision was made to balance the prevention of extended power outages and their negative effects on jobs and livelihoods while limiting the impact of rate hikes on consumers.

The Quarterly Tariff Review Mechanism tries to track and incorporate changes in major parameters used in establishing natural gas and electricity pricing.

 

 

Leave a Response