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Saturday, May 31, 2025

Electricity tariffs to go up by 14.75%, water by 4.02% from May 3

The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment in electricity and water tariffs.

According to a statement issued by the PURC, the new adjustments will take effect on May 3, 2025.

Electricity tariffs will increase by an average of 14.75%, while water tariffs will rise by 4.02%.

This revision follows the Commission’s quarterly tariff review process for the first and second quarters of 2025.

The PURC stated that the review aims to ensure stability for utility service providers while minimizing the financial impact on consumers.

The adjustments were approved based on several factors, including 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.

The Commission also highlighted the need to recover 50% of outstanding revenue—amounting to GH¢976 million—from previous quarters in 2024.

To ease the burden on consumers, the PURC explained that the remaining 50% will be spread over subsequent quarters in 2025.

Additionally, the tariff increases are necessary to address under-recoveries by utility companies, which, if left unaddressed, could result in service disruptions.

Below is the full statement

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