GHANA: Electricity Tariffs To Go Up In The Coming Weeks


GHANA: Electricity Tariffs To Go Up In The Coming Weeks

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The cost of energy could rise if the Energy Company of Ghana (ECG) succeeds in carrying out its plans to change its pricing in the coming weeks.

Mr Noble Dorwume, a director in the office of the Managing Director of ECG, made the news after a meeting with the Public Utility Regulatory Commission (PURC) in Tamale.

According to the PURC, the future assessment would be based on overhead costs that affect power generation and distribution, such as inflation.

The request has been referred to the PURC for review, according to Mr Dorwume.

“We have issued an upward assessment based on cost, inflation, and other economic variables.”

Ghana’s inflation rate was 15.7 percent in February, up 1.8 percent from January.

Mr Dorwume further said that the tariff revision would take customer classification into account.

“So it will depend on how PURC looks at it and which group should have a slight upward adjustment and which group should have a slight downward adjustment,” she says, “but they will all offer us revenue that will allow us to run our business properly.”

In October of this year, tariffs were raised by 5.94%.

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