{"id":103170,"date":"2015-03-28T07:52:42","date_gmt":"2015-03-28T07:52:42","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=103170"},"modified":"2015-03-28T07:52:42","modified_gmt":"2015-03-28T07:52:42","slug":"new-electricity-tariff-is-an-insult-to-the-consumer-kofi-kapito","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=103170","title":{"rendered":"New electricity tariff is an &#8216;insult to the consumer&#8217; &#8211; Kofi Kapito"},"content":{"rendered":"<p>The Consumer Protection Agency has described the recent increment in utility tariffs as an insult to the Ghanaian consumer.<\/p>\n<p>[contextly_sidebar id=&#8221;Yq0laNIV1SRd6rQ8wmdpumorydWxHioi&#8221;]The Chief Executive Officer of the Agency, Kofi Kapito in an interview on <strong>Eyewitness News<\/strong> argued that the current energy situation does not warrant consumers to pay more for electricity they are barely supplied with.<\/p>\n<p>\u201cI\u2019m not sure people are so worried about the PURC\u2019s [Public Utilities and Regulatory Commission] increases because it is their mandate but what we are worried about is that at this particular moment, at this particular time when people are actually going mad because of the utilities, people are losing their jobs, people are being laid off and then you say we should pay minimal increase,\u201d he said.<\/p>\n<p>The PURC in the second quarter Automatic Adjustment Formula, arrived at an actual increase of 31.73 cumulative for electricity and 21.30% for water, but using the Decision Variable, the Commission decided to pass on the <a href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/03\/26\/electricity-water-tariffs-up-by-2-6-and-1-respectively\/#sthash.1Jd1yYes.dpbs\" target=\"_blank\"><span style=\"color: #666699;\"><strong>minimal tariff increase<\/strong><\/span><\/a> of 2.63 percent for electricity and 1.06 percent for water due the power crisis the nation is dealing with.<\/p>\n<p>Following the public outrage on the new tariffs, the Commission explained that the <a href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/03\/27\/ecg-needs-money-to-manage-dumsor-purc\/#sthash.vBXGdD6Q.dpbs\" target=\"_blank\"><span style=\"color: #666699;\"><strong>increment is to help ECG<\/strong> <\/span><\/a>buy the needed equipment to effectively run the current load management system.<\/p>\n<p>Kofi Kapito was certain that 99% of Ghanaians would have appreciated it if they were being made to pay more for a utility they were enjoying.<\/p>\n<p>\u201cI\u2019m sure consumers would have been more accommodating,\u201d he said, adding that \u201cI think it is really an insult on the Ghanaian consumer\u2026I am not against an increase because if we are to increase because it\u2019s Ghana, fine but not at this particular time.\u201d<\/p>\n<p>He questioned why consumers are always made to pre-finance the operations of utility companies in Ghana, insisting that \u201cthis thing that we are doing to ourselves as a nation is not proper.\u201d<\/p>\n<p>He was of the view that \u201cthe utilities should have had the capacity to go into the open market, go and borrow from within Ghana or outside Ghana and come back and tell us that because we have done this and because we have improved the service delivery, now Ghana, pay more because we have given you what you said you need.\u201d<\/p>\n<p>\u201cBut at this particular moment, I want to know why they are increasing it because this is not going to improve the situation so why are they increasing it?\u201d he queried.<\/p>\n<p>&nbsp;<\/p>\n<p>By: Efua Idan Osam\/citifmonline.com\/Ghana<br \/>\n<a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/osamidan\" data-show-count=\"false\">Follow @osamidan<\/a><br \/>\n<script type=\"text\/javascript\">\/\/ <![CDATA[\n!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=\/^http:\/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+':\/\/platform.twitter.com\/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs');\n\/\/ ]]><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Consumer Protection Agency has described the recent increment in utility tariffs as an insult to the Ghanaian consumer. [contextly_sidebar id=&#8221;Yq0laNIV1SRd6rQ8wmdpumorydWxHioi&#8221;]The Chief Executive Officer of the Agency, Kofi Kapito in an interview on Eyewitness News argued that the current energy situation does not warrant consumers to pay more for electricity they are barely supplied with. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":27887,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[43,38],"class_list":["post-103170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-foresight-medical-center","tag-palaver-newspaper"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/103170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103170"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/103170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/27887"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}