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PURC approves 11.17 per cent electricity tariff increase

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The Public Utilities Regulatory Commission (PURC) has approved an 11.17%. tariff increase for electricity from July 1.

The decision was taken after careful consideration of proposals by the various stakeholders in the power sector, a press statement signed by the Executive Secretary of PURC, Mrs Mami DufieOfori has said.

She added that the increase is for the recovery of total electricity revenue requirement for the regulated electricity market.

“In taking the above decisions, the Commission received and considered tariff proposals from stakeholders including the following utility service providers in the electricity and water sectors: Volta River Authority (VRA), Ghana Grid Company Limited (GRIDCo), Electricity Company of Ghana (ECG), Power Distribution Services (PDS) Ghana Limited, Northern Electricity Distribution Company (NEDCo) and Enclave Power Company Limited (EPC)".

Source: www.graphic.com.gh

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