On 21st June 2019, the good news with respect to electricity in Ghana was given by the Public Utilities Regulatory Commission (PURC). The PURC “approved an 11.17% tariff increase for recovery of total electricity revenue requirement for the regulated electricity market, effective July 01, 2019″.
From my layman’s point of view, I keep wondering what that means. Is it the case that when I previously used 100 unit of energy, I should expect a shortage of 11.17% after the increment? Or are there some specific parameters that get affected by the increment?
Presented below are some parameters and the corresponding numbers before and after the tariff increment that was effected on 1st July 2019. For the same amount of energy bought in the two periods, the value of 11.17% does not reflect. It could be that, I have a deficit in my mathematical prowess.
I leave it for readers to judge and help me over my challenges to appreciate what goes into the calculations.
Kindly leave a comment to educate me.
| Comparing selected indicators of energy purchased before and after tariff increase on 1st July 2019 for Ghc 500.00 worth of energy to VRA-NEDCO | ||
| 24th June 2019 | 09th August 2019 | |
| Energy (kWh) | 732.5 | 659.1 |
| Service charge | 6.33 | 14.08 |
| Energy cost | 470.15 | 462.81 |
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