The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has described the increment in water and electricity tariffs as unreasonable and unjustifiable.
He has therefore asked the Public Utilities Regulatory Commission (PURC) to reverse the decision to impose an upward adjustment of the tariffs.
PURC has announced an upward adjustment in the average end-user tariff for electricity by 14.75% and a 4.02% increase in water tariffs across the board for all categories of consumers.
The Commission revealed that the latest adjustments were due to the exchange rate between the Ghana cedi and the US dollar, inflation projections, fuel costs (particularly natural gas), and the current hydro-thermal generation mix.
But Duncan Amoah disagrees, insisting that the increment was unreasonable.
“If you look at the circumstances surrounding the ECG, there are issues of accountability that render even public procurement processes and laws moot and ineffective. We have almost 2,000 containers unaccounted for, running into hundreds of millions of Cedis.
“Then, we turn back and claim we don’t have money, hence being unable to sustain operations. Therefore, we are raising tariffs. This doesn’t add up, and PURC needs to backtrack on the decision.”
By: Rainbowradioonline.com/Ghana