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New utility tariff announcement deferred for the second time

July 14, 2022
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The Public Utilities Regulatory Commission (PURC) have postponed the announcement of new tariffs for the 2022 to 2027 Multi-Year Major Tariff for the second time.

In an earlier statement issued by the Commission on June 27, 2022, the Commission indicated that the communicated date for the tariff announcement has been deferred to July 15, 2022.

In an interview with the Executive Secretary of PURC, Dr. Ishmael Ackah, the Commission identified a number of issues during the analysis and examination of the tariff proposals, which necessitates further deliberations and engagements with the utilities to ensure that such pertinent issues are addressed.

Dr. Ackah further stated that the Commission has scheduled a meeting with the regulated utilities to afford them the opportunity of providing clarity and justifications for some of the figures quoted in their proposals, and to respond to some important issues raised during the tariff analysis.

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According to the Executive Secretary, the Commission has adopted these steps to ensure that, only prudent and efficient costs are passed on to consumers of the regulated utilities, while sustaining the financial viability of the utilities.

Dr. Ackah assured consumers of the Commission’s commitment to having a transparent and fair process, which will inure to the benefit of both consumers and the regulated utilities.

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