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– PURC to announce new utility rates in June 2019
– He added that the new rates would come into effect from July 2019
– PURC reported reaching decision after stakeholder consultation
The Public Utilities Regulatory Commission (PURC) announced that it will announce new rates for utilities in June 2019. The Commission added that the new rates would come into effect from July 2019.
According to the PURC, he said he took the decision after taking the opinion of a number of stakeholders.
YEN.com.gh understands that the Northern Electricity Distribution Company (NEDCo), the Electricity Company of Ghana (ECG) and the Ghana Grid Company (GRIDCo) are among the stakeholders.
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He added that he intended to hold a public hearing on the rate adjustment on January 14th to take effect on February 1, 2019.
PURC added that the announcement had been delayed due to the takeover of Power Distribution Services (PDS) by the ECG.
PURC's public relations officer, Bawah Munkaila, said that a specific tariff adjustment could only be determined once enough data had been collected from the new service provider.
According to a report from Citinewsroom.com, the PURC said early on that electricity rates would remain unchanged until July 1, 2019.
In a statement, he said the changes to electricity rates, expected to come into effect on July 1, 2019, would be announced later.
PURC said the decision to maintain tariffs was due to "critical emerging issues in the sector, which should affect final pricing."
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Source: Yen
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