In order to put pressure on the Public Utilities Regulatory Commission (PURC) to change the proposed increase in energy tariffs, the Institute for Energy Security (IES) has asked the general public and interest organizations to take action.
The cost of power will increase by 29.96% as of February 1, 2023.
However, in an interview with Starr News, Nana Amoasi, Executive Director of IES, adamantly asserts that the increment might have been lower if PURC’s predictions for the composition of the energy generation mix had been accurate.
We can force PURC to reevaluate its assumption between now and then in order to correct them.
Consumers won’t be required to pay the predetermined 29% or 30% if they make the correction.
He added: “We need to get the PURC to understand that every Ghanaian is watching the space and it’s very important that they do the right things. Most of the time they get the assumption wrong. In 2021, it was projected that the Bui Power Plant will generate just about 501 gigawatts per hour. It turned out that it was able to generate 991 gigawatts hour of power which was about 40% improvement over the anticipated rate the PURC and the Energy Commission said. So they should go back to the drawing board.”