Reports say that Ghanaians will have to pay more for water services starting on June 1.
This is because the Public Utilities Regulatory Commission (PURC) looked into it and agreed to raise water rates for the second quarter of 2023.
During the same time period, the price of energy and natural gas at PURC went up by 18.36% as a whole. According to citinewsroom.com, PURC said that the decision was made to find a balance between preventing long power outages and the bad effects they have on people’s lives and ways of making a living and minimizing the effects of rate increases on customers.
The goal of the Quarterly Tariff Review Mechanism is to track and account for changes to important factors that are used to figure out the prices of natural gas and electricity.
“In making this decision, the commission took into account the price of electricity, the rising cost of chemicals used to treat raw water, the exchange rate between the Ghana Cedi and the US Dollar, and inflation,” PURC said in a statement released on Thursday, May 18.
“The Commission will continue to watch how the utility service providers run their businesses to make sure customers get good value for their money and good service,” it said.