PURC Reduces Electricity Tariff By 1.52%, Water Tariff Up By 0.34%

PURC reduces electricity tariff by 1.52%, water tariff up by 0.34%

By Stermy 2 Min Read

Ghana’s Public Utilities and Regulatory Commission (PURC) has disclosed a 1.52% decrease in electricity tariffs and a modest uptick in water tariffs by 0.34%, effective December 1, 2023.

This information comes from a press release dated November 23, 2023, signed by Dr. Ishmael Ackah, the Executive Secretary of PURC, subsequent to the Commission’s fourth-quarter tariff review for 2023.

In the realm of water tariffs, residential customers will witness an increment from GHS/m³ 4.72 to 4.74, while non-residential customers will experience a shift from GHS/m³ 14.13 to 14.19.

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Water: Water sachet producers will face an escalation in their tariff from GHS/m³ 22.26 to 22.34, and industrial consumers will observe a tariff adjustment from GHS/m³ 25.29 to 25.38.

Electricity: On the electricity front, residential lifeline customers (0-30kWh) will benefit from a reduction in their tariff from GHS/m³ 0.64 to GHS/m³ 0.63. Meanwhile, all residential customers (0.301kWh) will see a decrease from GHS/m³ 1.42 to GHS/m³ 1.40.

Dr. Ackah clarified that the Commission considered factors such as the cost of electricity, increased volume/cost of chemicals for raw water treatment, the Ghana Cedi/US Dollar exchange rate, and inflation in reaching its decision.

He commended stakeholders for their continued support as the Commission adheres to its Rate Setting Guidelines for Quarterly Review of Natural Gas, Electricity, and Water Tariffs.

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