Electricity tariffs to go up 2.45% July 1

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The Public Utilities Regulatory Commission (PURC) has announced a 2.45 percent upward adjustment in electricity tariffs across board, effective July 1, 2025.

However, water tariffs remain unchanged for the third quarter of the year.

According to a statement signed by its Executive Secretary Dr. Shafic Suleman, the latest adjustment is in line with its Quarterly Tariff Review Mechanism, which is designed to track and reflect changes in key economic indicators beyond the control of utility service providers.

These include the cedi to US dollar exchange rate, inflation, fuel costs—particularly natural gas—and the electricity generation mix.

For Q3 2025, PURC used a weighted average exchange rate of GH¢10.3052/US$ and a projected average inflation rate of 20.67 percent. The Weighted Average Cost of Gas (WACoG) increased to US$7.7134/MMBtu, up from US$7.6289/MMBtu in the previous quarter.

The hydro-thermal generation mix remains unchanged at 28.80 percent and 71.20 percent, respectively.

Additionally, the Commission considered outstanding revenue of GH¢488million owed from the past three quarters, along with the costs associated with maintaining reserve capacity for grid stability and the inclusion of 27 percent of the cost of alternative fuels such as distillate fuel oil (DFO), heavy fuel oil (HFO) and light crude oil (LCO).

Despite these upward cost pressures, water tariffs have been maintained at existing levels to cushion consumers.

The commission affirmed that the quarterly adjustments are aimed at preserving the real value of tariffs while ensuring the financial viability of utility service providers.

It added that it remains committed to monitoring the operations of these providers and holding them accountable to regulatory standards to guarantee value for money and improved service delivery.