According to reports, beginning on June 1, Ghanaians will witness an increase in the cost of water services.
This comes following a study and approval of an increase in water rates for the second quarter of 2023 by the Public Utilities Regulatory Commission (PURC).
The cost of electricity and natural gas at PURC increased overall by 18.36% during the same period. According to citinewsroom.com, PURC noted that the choice was made to strike a compromise between preventing lengthy power outages and their negative consequences on lives and livelihoods while minimizing the implications of rate increases on consumer
The Quarterly Tariff Review Mechanism aims to monitor and take into account changes to important variables that are used to calculate natural gas and electricity pricing.
“In taking this decision, the commission took cognizance of the cost of electricity, increased volume cost of chemicals for raw water treatment, the Ghana Cedi/US Dollar exchange rate and inflation,” PURC announced in a statement issued on Thursday, May 18.
“The Commission will continue to monitor the operations of the utility service providers to ensure value for money and quality service delivery,” it added.
