Audio By Carbonatix
The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment in electricity and water tariffs.
Electricity prices are increasing by 3.49 percent and water tariffs are rising by 0.85 percent, effective July 1, 2026.
In a statement issued on June 22, 2026, the Commission said the adjustments form part of its quarterly tariff review mechanism aimed at reflecting changes in key operational factors that affect utility service providers.
These factors include the exchange rate between the Ghana cedi and the US dollar, inflation, the electricity generation mix, and the cost of fuel, particularly natural gas used in thermal power generation.
According to PURC, the review is intended to maintain the real value of tariffs, ensure the financial viability of utility companies, and support the delivery of reliable services while taking into account the impact on consumers.
The Commission said it applied a weighted average exchange rate of GH¢11.2228 to one US dollar for the third quarter of 2026, representing a 0.2 percent depreciation of the cedi compared to the previous quarter.
It also used a three-month average inflation rate of 3.43 percent, down from 4.17 percent in the second quarter, and a weighted average cost of natural gas of US$7.9708 per MMBtu, representing a 1.58 percent decrease from the previous quarter.
Following its assessment of these indicators, PURC approved a 3.49 percent increase in electricity tariffs across all customer categories for the third quarter of 2026.
The Commission also approved a marginal increase of 0.85 percent in water tariffs, citing the impact of the same economic indicators on the cost of water production and distribution.
PURC expressed appreciation to stakeholders for their cooperation in implementing the quarterly tariff review framework and assured consumers that it would continue to monitor the performance of utility service providers to ensure improved service delivery and value for money.
Latest Stories
-
Michael Tetteh Kwetey to contest NDC Greater Accra Regional Chairmanship
46 seconds -
Mahama disappointed by US opposition to UN slavery resolution
11 minutes -
Chamber of Mines commends government for breakthrough in Adamus Resources dispute
31 minutes -
CMC launches 24-hour cocoa operations
34 minutes -
Construction work on Winneba-Accra Highway poses challenges for commuters
48 minutes -
Audit irregularities surged in 2024 as GACC flags weak financial controls
1 hour -
World Rugby chair Brett Robinson and Rugby Africa president Herbert Mensah to visit Zimbabwe as Sables prepare for Rugby World Cup
1 hour -
JoyNews-Republic Bank Habitat Fair: Day 2 opens today with bigger homeownership opportunities
3 hours -
‘Africa’s prosperity is not a threat to anybody’ — Mahama
3 hours -
When the Belly Begins to Speak: The Beautiful Mystery of Pregnancy’s Dark Mark
3 hours -
‘The Big Push is pushing’ – Upper West MPs hail contractors delivering in the region
3 hours -
Government sets up team to negotiate VALCO strategic partnership
4 hours -
Ghana clears upstream disputes as $3.5bn investment pipeline takes shape
4 hours -
Land dispute turns deadly as man is allegedly stabbed with scissors at Achiase
5 hours -
Muntaka orders police to crush vigilantism, unauthorised ‘self-defence’ groups
5 hours