The new electricity and water tariffs will reflect an increase of 3.02% and 1.86% respectively, starting from October 1, 2024.
This adjustment is part of the Commission's regular quarterly review process, which aims to align tariffs with changes in key economic indicators such as the US Dollar/Ghana Cedi exchange rate, inflation, and natural gas costs.
In a statement released on Saturday, September 28, the PURC attributed the tariff increases to several factors, including a 4.96% depreciation of the cedi against the dollar between the second and third quarters of 2024, as well as changes in inflation and gas prices.
These factors have led to a revenue shortfall of GH₵173.98 million in the electricity sector and GH₵12.01 million in the water sector.