Thursday, 19 March

Minority deems PURC tariff reductions inadequate, calls for more substantial relief for consumers

News
Deputy Ranking Member on Parliament’s Energy Committee, Collins Adomako Mensah

The Minority in Parliament is pushing for steeper cuts in electricity and water tariffs, insisting that the latest revisions by the Public Utilities Regulatory Commission (PURC) fall short of delivering real relief to consumers.

Speaking to the media in parlaiment in reaction to PURC’s recent announcement, the Deputy Ranking Member on Parliament’s Energy Committee, Collins Adomako Mensah, noted that the marginal reductions an average of 4.81 per cent in electricity tariffs and 3.06 per cent in water charges, set to take effect from April 1, 2026 do little to cushion households and businesses grappling with high utility costs.

He contended that a review of PURC’s quarterly data for 2025 reveals a recurring trend of inflated projections, particularly in relation to inflation and exchange rates. According to him, these overestimations have skewed tariff-setting formulas, ultimately disadvantaging consumers.

The Minority maintains that such projections have contributed to keeping tariffs higher than necessary, rendering the latest adjustments largely ineffective in addressing the financial strain caused by escalating fuel and energy prices.

While PURC has defended the revisions as part of its routine quarterly adjustments meant to account for shifts in macroeconomic indicators and operational expenses the Minority is urging authorities to go further. It is proposing reductions of up to 10 per cent, arguing that only more substantial cuts will provide meaningful respite for Ghanaians.

Source: Classfmonline.com/Zita Okwang