Water tariffs to go up from June 1
Commencing from June 1, 2023, consumers can expect an increase in the cost of water services across all consumer groups.
This decision, which applies to the second quarter of 2023, has undergone a thorough review and received approval from the Public Utilities Regulatory Commission (PURC).
In a statement released on May 18, PURC outlined the reasons behind this adjustment and emphasized their commitment to monitoring utility service providers to ensure efficient and quality service delivery.
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The decision to raise water tariffs was made after considering several factors. One significant factor taken into account was the cost of electricity, as it directly impacts the operations and maintenance expenses of water service providers.
Additionally, the increased volume cost of chemicals used in the treatment of raw water played a role in determining the revised tariffs.
These chemicals are essential for ensuring water quality and safety. Moreover, fluctuations in the Ghana Cedi/US Dollar exchange rate were considered, as they can affect the procurement costs of equipment and materials necessary for water service provision.
Lastly, the impact of inflation on overall operational costs was factored into the decision.
PURC, as the regulatory body overseeing public utilities, aims to strike a balance between fair pricing and quality service provision.
Their role includes monitoring utility service providers to ensure that consumers receive value for their money.
By conducting regular reviews and assessments, PURC aims to safeguard consumer interests and promote efficient service delivery.
In addition to the water tariff adjustment, PURC also announced an 18.36% increase in tariffs for electricity and natural gas during the same period.
This decision was made following the Quarterly Tariff Review Mechanism, which is designed to track and incorporate changes in key factors used to determine electricity and natural gas tariffs.
The mechanism allows for periodic adjustments to reflect the evolving cost structures and market dynamics of these utilities.
Overall, these tariff adjustments highlight the complex factors influencing the pricing of essential utilities and the regulatory measures in place to ensure a balance between affordability and sustainable service provision.
