The Industrial and Commercial Workers Union (ICU) has described the tariffs increment as surprising and outrageous.
This decision according to them, will affect their business.
The PURC on Monday announced a 59.2% and 67.2% increment in electricity and water respectively.
A statement signed by Nana Yaa Jantuah, Director of Public Relations and External Affairs of PURC said the factors that influenced the increment are: consumer interest, investor interest, economic development of the country, generation mix, fuel mix, availability of the service, growth in demand, power purchase cost (IPP), cedi-to-dollar exchange rate and revenue requirements.
“For water utilities, the adjustment in tariff is driven by Chemical Cost in addition to the Power purchase Cost and Operation and Maintenance Cost for the Ghana Water Company” she added.
Mr Solomon Kotei, General Secretary of ICU reacting to the hikes said they were expecting a 50% increment and not 59.2 and 67.2%.
According to him, prior to the increment, PURC held series of meeting with the various stakeholders including ICU and TUC and after deliberation; they (PURC) “informed us that they will get back to us; only to hear in the media that they have increased the utility prices without our knowledge…it is surprising and too high”
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