The Public Utilities Regulatory Commission (PURC) has approved a downward adjustment in electricity and water tariffs, effective from April 1, 2026.

Electricity tariffs will be reduced by an average of 4.81 per cent, while water tariffs will decrease by an average of 3.06 per cent, following the Commission’s quarterly tariff review.

Announcing the decision in a statement issued on Friday, March 13, 2026, the PURC said the review was carried out in accordance with its statutory mandate to adjust tariffs periodically to reflect changes in key economic variables and operational costs faced by utility providers.

“The Public Utilities Regulatory Commission (PURC) wishes to inform consumers of electricity and water that the existing electricity and water tariffs have been reviewed downwards to take effect from April 01, 2026,” the statement read.

The Commission explained that quarterly reviews take into account movements in critical indicators, including the Ghana Cedi–US dollar exchange rate, domestic inflation, the electricity generation mix, and the cost of natural gas used for thermal power generation.

These adjustments, according to the PURC, are essential to preserve the real value of tariffs, enabling utility companies to remain financially sustainable while maintaining reliable service delivery to consumers.

For the second quarter of 2026, the Commission applied a projected weighted average exchange rate of GHS11.1931 to US$1, based on the three-month interbank average selling rate from December 1, 2025, to February 28, 2026. This represents a 6.78 per cent reduction compared to the previous quarter’s rate of GHS12.0067 to the dollar.

The review also factored in a three-month average inflation rate of 4.17 per cent for the same period, marking a 47.87 per cent decline from the previous quarter’s figure.

On the fuel side, the Weighted Average Cost of Gas (WACOG) was set at US$8.0988 per MMBtu, reflecting a 2.84 per cent increase from the prior rate of US$7.8749 per MMBtu.

The projected electricity generation mix for the quarter remains unchanged, with 20.90 per cent from hydro sources and 79.10 per cent from thermal generation, consistent with the Multi-Year Tariff Order (MYTO) of 2025.

In a notable development, the PURC introduced, for the first time, a dedicated commercial tariff category for Electric Vehicle (EV) charging stations. This move is aimed at supporting Ghana’s transition to cleaner and greener energy sources.

The Commission expressed gratitude to all stakeholders for their cooperation in the tariff review process and reaffirmed its commitment to closely monitoring the performance of regulated utility providers.

“We will continue to hold utility service providers accountable to ensure improved service quality and value for money for all consumers,” the statement added.

The latest tariff reductions are expected to provide some relief to households and businesses amid ongoing economic pressures.



Source link