The Public Utilities Regulatory Commission, PURC, is urging electricity consumers to bear with the commission and pay the recent upward adjustment in electricity tariffs, despite the recent appreciation of the cedi against the US dollar, and the drop in crude oil prices before the Israel-Iran conflict.
PURC announced a 2.45 percent increase in electricity tariffs across the board, effective July 1, 2025.
The Director of Research and Cooperative Affairs, Dr. Eric Obutey explained that the increase is marginal, stressing that no consumer category will see an increase of more than three cedis.
According to a statement issued by the Commission, the upward review is necessary to sustain utility service providers and ensure a reliable electricity supply.
The adjustment takes into account a projected average inflation rate of 20.67%, a Ghana Cedi to US Dollar exchange rate of GHS10.3052, and an increase in the weighted average cost of gas (WACoG) to USD 7.7134/MMBtu.
The Commission underscored that these quarterly reviews are not arbitrary but are a necessary measure to maintain the real value of tariffs in the face of economic pressures and to uphold the financial health of utility service providers.
