• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, November 1, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

PURC Is The Reason Why We Have Tariffs Currently Piled Up- COSECA

Maynard Championby Maynard Champion
June 3, 2022
Reading Time: 3 mins read
Add as Preferred on Google
Coalition of Stakeholders on Electricity Contracts and Arrangements (COSECA), has revealed that the Public Utility Regulatory Commission (PURC), is to be blamed for utility tariffs piled up in the country.

Electricity Company of Ghana building.

Coalition of Stakeholders on Electricity Contracts and Arrangements (COSECA), has revealed that the Public Utility Regulatory Commission (PURC), is to be blamed for utility tariffs piled up in the country.

According to the Coalition, PURC for the past few years has refused, “failed or neglected” to implement the automatic adjustment and quarterly adjustment formula. This, it explained, has led to the “accumulation of high tariffs over the period”, thereby burdening the consumer with accumulated tariffs.

“The Public Utility Regulatory Commission (PURC) in our honest opinion has been very inefficient, mismanaged and at best seems not to appreciate their role, or are grossly incompetent at it. There is enough blame sharing to go round from government to management of utility companies. However, the PURC is the number one reason why we have the tariffs currently piled up, and resulting in ECG’s demand for 148% and GWCL’s 334% upward adjustment in tariffs.”

COSECA

COSECA indicated that it is the core mandate of the PURC to ensure that technical and commercial losses are at their barest minimum through effective monitoring and evaluation of the utility companies. However, it highlighted that the lack of effective monitoring and evaluation has led to an increase in technical and commercial losses of the utility companies, and it cannot be allowed to continue.

“The poor customer cannot keep bankrolling the incompetence of the PURC in ensuring improved services, and reduced losses in the operations of the utility companies.”

COSECA

PURC urged to monitor portfolio of VRA’s generation mix

The PURC, the Coalition expressed, has also failed to monitor the utilization of legacy hydro, which is power generation from Akosombo and Kpong. This, it explained, has imposed punitive generation tariffs on the consumer.

ADVERTISEMENT

“It is important for the PURC to check and monitor the portfolio of VRA’s generation mix between legacy hydro and thermal power generation, as both have implications on tariffs. In summary, we are saying that, the PURC’s failure to monitor and measure what quantity of the power supplied is hydro or thermal allows VRA to say what amount of their power is thermal, which cost more than hydro without it being independently verified by PURC.”

COSECA

To address the situation, COSECA stated that the PURC must ensure VRA is metered. It noted that for several years, this has not been done, questioning the Commission whose interest it is serving.

Meanwhile, COSECA has expressed its resolve to support an upward tariff adjustment in the country. It noted that, this is to ensure “our utilities do not grind to a halt, considering the economic challenges that all sectors are currently facing”.

COSECA revealed that from the PURC’s own publication of electricity tariffs published on 16th December, 2020, and its gazetted tariff of 1998 to 2019, it is very clear in its minds that if the PURC “was to do its work properly, we should not see more than 20% in electricity” tariff adjustment.

“… And should the electricity tariffs be 20% or less, it will automatically also lead to a reduction of water tariffs as electricity constitutes about 30% of the cost of water.”

COSECA

READ ALSO: Innovate financial products to reduce MSME financing gap- GIZ

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: COSECAElectricity Compnay of GhanaGhana NewsPURCTariff adjustment
Please login to join discussion
Previous Post

Innovate financial products to reduce MSME financing gap- GIZ

Next Post

AfDB Expects Ghana’s Inflation To End 2022 At 15%

Related Posts

President John Dramani Mahama with President Vladimir Putin
General News

Ghana Secures Six Russian Commitments After Mahama-Putin Talks

November 1, 2026
Dr Beatrice Wiafe Addai, of Breast Care International and Peace and Love Hospital
General News

Government Urged To Close Breast Cancer Care Gaps

October 31, 2026
Minister of State in charge of Government Communications, Felix Kwakye Ofosu
General News

Kwakye Ofosu Calls NPP’s Presidential Term Limit Suit Scaremongering

October 31, 2026
Dennis Miracles Aboagye
General News

NPP Communications Director: Galamsey Worsening Under NDC Government

October 31, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

President John Dramani Mahama with President Vladimir Putin

Ghana Secures Six Russian Commitments After Mahama-Putin Talks

November 1, 2026
Ghana’s Cities Hold Untapped Potential to Transform Economic Growth- World Bank

Ghana’s Cities Hold Untapped Potential to Transform Economic Growth- World Bank

October 31, 2026
image 559

Manchester United Match 40-Year Unwanted Record After Chelsea Defeat

October 31, 2026
Dr Beatrice Wiafe Addai, of Breast Care International and Peace and Love Hospital

Government Urged To Close Breast Cancer Care Gaps

October 31, 2026
Photo of GRIDCo Team at the engagement

GRIDCo Links Workplace Safety To Power Reliability

October 31, 2026
ADVERTISEMENT
Next Post
AfDB Expects Ghana’s Inflation To End 2022 At 15%

AfDB Expects Ghana’s Inflation To End 2022 At 15%

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Ok

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.