Electricity, water tariffs drop from today

Utility consumers across Ghana will begin paying less for electricity and water from today, April 1, following a tariff reduction announced by the Public Utilities Regulatory Commission (PURC).

The Commission said electricity charges have been reduced by 4.81 per cent, while water tariffs have also been cut by 3.06 per cent for the second quarter of the year.

In a statement, the PURC explained that the adjustments take effect immediately as part of its routine quarterly tariff review process.

According to the Commission, the review reflects key developments within the economy over the period.

These include movements in the exchange rate between the Ghana cedi and the US dollar, the domestic inflation rate, the electricity generation mix, and the cost of fuel—mainly natural gas—used in thermal power generation.

The PURC noted that the adjustments are in line with its mandate to ensure that utility tariffs remain responsive to prevailing economic conditions.

Meanwhile, to support Ghana’s transition to cleaner energy, the Commission has introduced a new tariff regime for commercial Electric Vehicle (EV) charging.

This is the first time such a pricing structure has been implemented, marking a step toward promoting the adoption of green energy in the country.

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ABOUT: Nana Kwesi Coomson

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An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

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