The Ghana Union of Traders' Associations (GUTA) has strongly criticised the Public Utilities Regulatory Commission (PURC) for its recent decision to increase utility tariffs, arguing that the move ignores systemic inefficiencies and mismanagement within the sector.
This follows PURC's announcement of a 14.75% increase in average end-user electricity tariffs and a 4.02% rise in water tariffs across all consumer categories.
The adjustments fall under the Commission's quarterly tariff review process for the first and second quarters of 2025.
The commission explained that the upward adjustments were necessitated by several economic and operational indicators, including 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.