Duncan Amoah
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has indicated that industry players will oppose the Public Utilities Regulatory Commission (PURC) recent upward rates for electricity and water tariffs if the government fails to rescind the decision.
Mr. Amoah opines that the recent tariff hikes are unjustifiable and unreasonable.
“If you look at the circumstances surrounding the ECG, there are issues of accountability that render even public procurement processes and laws moot and ineffective. We have almost 2,000 containers unaccounted for, running into hundreds of millions of Cedis.
“Then, we turn back and claim we don’t have money, hence being unable to sustain operations. Therefore, we are raising tariffs. This doesn’t add up, and PURC needs to backtrack on the decision,” he said.
The COPEC Executive Secetary further added that “coming back to the consumer to insist we pay more, I can assure will be resisted fiercely”.
The Public Utilities Regulatory Commission (PURC) announced an upward adjustment in the average end-user tariff for electricity by 14.75%, and a 4.02% increase in water tariffs across the board for all categories of consumers.
The revision follows the Commission’s quarterly tariff review process for the first and second quarters of 2025.
The PURC attributed the adjustments to factors, including the exchange rate between the Ghana cedi and the US dollar, inflation projections, fuel costs (particularly natural gas), and the current hydro-thermal generation mix.
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