Energy Analyst and Executive Director of the Institute for Energy Security, PURC Nana Amoasi, says from all indications, there will be an upward review of the power by July.
He said Ghanaians must brace themselves for electricity tariff increment to save the distribution and transmission grid from collapsing and have some reliable power supply.
Nana Amoasi said unfortunately it is a pressing issue to bite at this time when Ghanaians are going through tough times, but, it’s still necessary to pay a little more for the utilities to invest to save the grid from collapsing.
The Energy Analyst noted that Ghana had not seen any major tariff increases in the last seven years, yet the operational cost of electricity continued to rise, hampering the work of utilities.
He was of the view that if electricity consumers were not made to pay a little more to enable the service provider to invest, the power system may collapse.
The IES Executive Director called on the Electricity Company of Ghana and the Northern Electricity Distribution Company , NEDCo, to be prepared to put in more effort to stop the increasing commercial losses they incur.
Meanwhile, the Executive Secretary of the Public Utilities and Regulation Commission, Dr. Ishmael Ackah, has told the GNA that the Commission, together with key stakeholders, were reviewing the country’s electricity and water tariffs.
He said as to the current tariff being increased, reduced or maintained, Utility service providers are said to have submitted proposals based on guidelines developed by PURC, with an expected public hearing this week, where the service providers will present a case for their request for tariff adjustment.
PURC said it had commenced analysis of the proposals from the service providers and that consultations will be conducted with industry experts before the announcement of tariff in July.