The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment in electricity and water tariffs.
The new adjustments will take effect on May 3, 2025, a statement issued by PURC stated.
Electricity tariffs will increase by an average of 14.75%, while water tariffs will go up by 4.02%.
The revision follows the Commission’s quarterly tariff review process for the first and second quarters of 2025.
According to the PURC, the review will ensure stability for utility service providers while minimising the financial impact on consumers.
The PURC revealed that the adjustments were approved due to the exchange rate between the Ghana cedi and the US dollar, inflation projections, fuel costs (particularly natural gas), and the current hydro-thermal generation mix.
It added that there was the need to recover 50% of outstanding revenue—amounting to GHS976 million—from previous quarters in 2024.
The PURC further explained that as part of the efforts to mitigate the burden on consumers, the remaining 50% will be spread over subsequent quarters in 2025.
It added that the tariff increments are essential to addressing under-recoveries by utility companies, which, if unaddressed, could result in service disruptions.
Below is the full statement
By: Rainbowradioonline.com/Ghana
