PURC postpones announcing new tariffs.

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The Public Utilities Regulatory Commission (PURC) has postponed announcing the Multi-Year Major Tariff’s tariffs for the period 2022 to 2027.

The stated date for the tariff announcement has been postponed to July 15, 2022, according to a statement released by the Commission on June 27, 2022.

The commission identified a number of issues during the analysis and examination of the tariff proposals, according to an interview with the executive secretary of PURC, Dr. Ishmael Ackah, which calls for 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.

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. A new date for the announcement of electricity and water tariffs would be communicated to the public as soon as these issues have been addressed.