Skip to main content

Electricity, Water Tariffs Reduced as PURC Announces New Rates

 PURC, ECG, Water

Utility consumers across Ghana will begin enjoying lower electricity and water bills from today, April 1, following a downward tariff adjustment by the Public Utilities Regulatory Commission (PURC).

The Commission announced a 4.81% reduction in electricity tariffs and a 3.06% decrease in water charges for the second quarter of 2026. The new rates take immediate effect as part of PURC’s routine quarterly tariff review mechanism.

In a statement, the regulator explained that the adjustments reflect recent changes in key economic indicators, including the exchange rate between the Ghana cedi and the US dollar, inflation trends, the electricity generation mix, and the cost of fuel—particularly natural gas used in thermal power production.

PURC noted that the tariff review process is designed to ensure utility pricing remains aligned with prevailing economic conditions while balancing the interests of consumers and service providers.

PURC, ECG, Water

In addition to the reductions, the Commission introduced a new tariff structure for commercial electric vehicle (EV) charging services. This marks the first time Ghana has implemented a dedicated pricing regime for EV charging, signalling a policy shift toward supporting cleaner energy adoption and sustainable transport.

The move is expected to provide some financial relief to households and businesses while advancing the country’s broader transition toward a greener energy future.

Labels:

Comments

Post a Comment

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...
Post a Comment
Read more

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...
Post a Comment
Read more

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...
Post a Comment
Read more