Electricity Tariffs Drop by 4.81%, Water by 3.06% from April 1 – PURC

PURC

The Public Utilities Regulatory Commission (PURC) has announced a reduction in electricity and water tariffs for the second quarter of 2026.

Electricity tariffs will decrease by an average of 4.81 per cent, while water tariffs will go down by 3.06 per cent.

The new tariffs will take effect from April 1, 2026.

A press release issued by the Commission on March 13, 2026, said the review forms part of its quarterly tariff adjustment mechanism, which allows it to reflect changes in key economic indicators affecting the operations of utility service providers.

It said the quarterly review considers factors such as the exchange rate between the Ghana cedi and the United States dollar, the rate of inflation, the cost of fuel used in electricity generation, and the mix of electricity generation sources.

The Commission said a projected weighted average exchange rate of GH¢11.1931 to one United States dollar was applied for the second quarter of 2026.

This represents a 6.78 per cent reduction from the previous quarter rate of GH¢12.0067 to one dollar.

It said a three-month average inflation rate of 4.17 per cent was used for the review period, reflecting a downward change of 47.87 per cent compared with the previous quarter.

The Commission noted that the weighted average cost of gas used for power generation increased slightly to 8.0988 dollars per MMBtu, representing an increase of 2.84 per cent from the previous rate.

It said the electricity generation mix for the period remains unchanged, with 20.90 per cent coming from hydro sources and 79.10 per cent from thermal generation, as outlined in the 2025 Multi-Year Tariff Order.

The Commission said the adjustments are intended to maintain the real value of tariffs to ensure that utility service providers remain financially stable while continuing to deliver reliable services to consumers.

It also announced the introduction of a commercial electric vehicle charging tariff to support the transition to green energy.

According to the Commission, the new tariff is expected to encourage the growth of electric vehicle charging services in the country.

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