Dr Ishmael Ackah, Executive Secretary of the Public Utilities Regulation Commission (PURC) during a 2-day workshop for members of the media fellowship review of electricity and water tariffs over the weekend at Prampram in the Greater Accra Region hinted at tariff increment.
According to him, we, as Ghanaians must brace ourselves with the upcoming increase in utility tariffs as the electricity tariff has not seen any significant rise since 2015.
He stated that this increment is the only way to save the grid from collapsing though he sympathizes with Ghanaians.
“We must brace ourselves for electricity tariff increment so we can save both the distribution and transmission grid from collapsing and have some reliable power supply.”
“It is unfortunate that it has become a pressing issue to bite at this time when Ghanaians are going through tough times, but it’s still necessary to pay a little more for the utilities to invest to save the grid from collapsing.”
“Between 2015 and now, electricity tariff has not seen any significant rise. Meanwhile, the operational cost of the utilities has been rising year on year partly due to foreign exchange losses through obsolete equipment and power lines, and the increasing cost of borrowing to finance their operations.