Dr. Shafic Suleman
The Public Utilities Regulatory Commission (PURC), has announced a reduction in electricity tariffs by an average of 4.81 per cent, while water records 3.06 per cent starting from April 1, 2026.
A statement issued and signed by the Executive Secretary of the Commission, Dr. Shafic Suleman, said the adjustments have been carried out in line with the Commission’s mandate to review tariffs on a quarterly basis to reflect developments within the quarter.
It said the quarterly reviews track and incorporate movements in key factors for which their variability affects the operations of Utility Service Providers (USPs).
“Having carefully analysed the existing parameters, the Commission wishes to announce a downward adjustment in electricity tariffs of an average reduction of 4.81% and a 3.06% reduction in water tariffs.
“To promote green energy transition, the Commission, for the first time, has introduced a commercial Electric Vehicle (EV) charging tariff,” it stated.
According to the Public Utilities Regulatory Commission, the factors are the exchange rate between the Ghana Cedi and the US Dollar, domestic inflation rate, electricity generation mix, and the cost of fuel, mainly natural gas, to power the thermal plants.
It also mentioned that the quarterly adjustments are undertaken by the Commission to maintain the real value of the tariffs, which would enable the utility service providers to be financially viable to deliver on their services to consumers, while bearing in mind the impact of these tariffs on consumers in general.
“The Commission applied a projected Weighted Average Ghana Cedi-US Dollar Exchange Rate of GH¢11.1931/US$1.0000 for the second quarter of 2026. This projected exchange rate is based on a 3- month Actual Inter-Bank Average Ghana Cedi-US Dollar Selling Exchange Rate for the period December 1, 2025 to February 28, 2026.
“The Commission also used a three-month (December 1, 2025 to February 28, 2026) average inflation rate of 4.17% for the second quarter of 2026, which indicates a downward review of 47.87% from the previous quarter,” parts of the statement read.
The Commission further expressed gratitude to all stakeholders for their support as it continues to implement the Quarterly Tariff Reviews per its Rate Setting Guidelines, to address changes in operational conditions of the service providers.
The Commission also assured the public that it will continue to monitor operations of the regulated service providers and hold them accountable to its regulatory standards and benchmarks to ensure value for money and improved quality of service delivery.
By Ebenezer K. Amponsah