Editorial News of Monday, 4 June 2001

Source: --

Chamber of Mines to resist unrealistic tariffs

The Ghana Chamber of Mines says it will resist any attempt to pay tariffs, which are not realistic, writes The Ghanaian Times.

In this regard, the Chamber advocates a bulk supply tariff of three to four cents per kilowatt hour, and a distribution service charge of one to two cents per kilowatt-hour.

The Chamber believes that these rates are not only realistic based on the power producers' submission to the public Utilities Regulatory Commission (PURC), but are also competitive with what is charged to mining companies in other countries.

Mr James Anaman, president of the Ghana Chamber of Mines said these in his presidential address at the 73rd annual general meeting of the Chamber in Accra.

He said in as much as the Chamber would pay its fair share of as competitive and realistic rate, it was not right for power operators to pass through any perceived inefficiencies onto customers by way of high tariffs.