By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The High Street Journal
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
The High Street JournalThe High Street Journal
Search
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
Follow US
© 2024 | The High Street Journal. All Rights Reserved.
News

COPEC Urges PURC to Reverse Utility Tariff Increase, Citing Accountability Concerns

COPEC urges PURC to reverse recent utility tariff hikes, citing lack of accountability in the power sector and warning of strong consumer resistance to unjustified increases

Geopolitical Shocks Deepen Fresh Campaign for Ghana to Refine its Own Crude Oil
Duncan Amoah, Executive Secretary of COPEC
Stanley Senya
Apr 14, 2025

The Chamber of Petroleum Consumers (COPEC) is calling on the Public Utilities Regulatory Commission (PURC) to reverse its recent decision to increase utility tariffs, warning of strong industry resistance if the hikes are not rescinded.

The PURC recently announced a 14.75% increase in electricity tariffs and a 4.02% rise in water tariffs, applicable across all consumer categories.

 The adjustments are part of the Commission’s quarterly review for the first and second quarters of 2025. Reasons cited for the increase include exchange rate fluctuations, inflation forecasts, rising fuel costs, particularly natural gas, and the current hydro-thermal power generation mix.

However, COPEC’s Executive Secretary, Duncan Amoah, described the tariff hikes as unjustifiable, pointing to unresolved accountability issues within the power sector.

“If you look at the circumstances surrounding ECG, there are serious questions of accountability that undermine even public procurement laws. We’re talking about close to 2,000 containers unaccounted for amounting to hundreds of millions of cedis,” Amoah said.

READ ALSO

December in GH 2026 Targets Tourism Spending, Local Business Growth With 100 Events
Ghana’s 70% Local Drug Production Target Faces Financing, Skills Gaps
Ghana Bankers’ Institute Targets Fraud, Bad Loans as New Council Takes Office

He argued that it was contradictory for authorities to cite financial constraints while failing to address such lapses. “Then we turn around and say there’s no money to sustain operations, so tariffs must go up? It doesn’t add up. The PURC must reverse this decision,” he stated.

Amoah further warned that consumers will not accept the burden quietly. “Coming back to the consumer to insist we pay more, I can assure you, will be fiercely resisted,” he added.

Meanwhile, consumer advocacy groups have echoed COPEC’s sentiments, calling on the government to prioritise public engagement before implementing further tariff adjustments and to focus on long-term solutions that balance affordability, reliability, and sustainability in utility services.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…

Related

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Email
Previous Article AUCB Career Fair Sparks Real-World Lessons on the Future of Work & Career Readiness AUCB Career Fair Sparks Real World Lessons on the Future of Work & Career Readiness
Next Article Ghana Optimistic of Tariff Relief as US Suspends Additional Duties for 90 Days
- Sponsored Content -
Ad imageAd image

LATEST NEWS

GEXPO 2026 To Power Ghana’s Export Drive with Dedicated Export School at Black Star Square
Business & Economy
Africa's Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Africa’s Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Business & Economy
Ghana Targets Nine Job-Creating Sectors Under GH¢10 New Economy Policy
Business & Economy
National Fuel Consumption Climbs 13.37% Year-on-Year in Early 2026
Mixed Outlook at the Pumps as Petrol and LPG Prices Ease While Diesel Faces Upward Pressure
Business & Economy
World Bank Warns Poor Urban Planning Could Limit Job Creation in Africa
World Bank Warns Poor Urban Planning Could Limit Job Creation in Africa
Business & Economy

You May Also Like

BoG, SEC and FIC Step Up AML Oversight of Virtual Asset Firms Ahead of 2026 Regulation Push

GIADEC Secures €300 Million Investment to Boost Aluminium Value Addition

Government Set to Announce New Cocoa Producer Price Ahead of August 7 Crop Season

Gov’t to Announce New Cocoa Producer Price Ahead of August 7 Crop Season

GITA Welcomes Reinstatement of Fishing Licences for Four Trawlers

GITA Welcomes Reinstatement of Fishing Licences for Four Trawlers

District Assembly Common Fund for Disability to Be Raised from 3% to 5%, Gov’t Announces

District Assembly Common Fund for Disability to Be Raised from 3% to 5%, Gov’t Announces

GoldBod Secures 100% First Output from Damang Mine Under E&P Operations 

GoldBod Secures 100% First Output from Damang Mine Under E&P Operations 

NCC

NCA and Nigeria’s Telecom Regulator Deepen Cross-Border Collaboration 

Ghana’s GH¢9.7bn DDEP Coupon Payment Seen as Turning Point for Investor Confidence

Economic Recovery Must Improve Citizens’ Lives, Not Just Macroeconomic Indicators – Bokpin

The High Street Journal

About Us

Delivering focused and insightful business perspectives; impacting lives.

Email: [email protected]

Useful Links

  • About
  • AI Strategy & Policy
  • Advertise
  • User Policy
  • Be a Guest Author
  • Contact Us
  • Sitemap

Stay Connected

© 2026 | The High Street Journal. All Rights Reserved.

%d