Wednesday, 03 December

PURC says, electricity and water tarrifs to go up Jan 1

News
Public Utilities Regulatory Commission (PURC)

The Public Utilities Regulatory Commission (PURC) has announced upward adjustments in electricity and water tariffs, set to take effect on January 1, 2026. The changes follow the Commission’s multi-year tariff review process covering the period 2026 to 2030.

Under the new structure, electricity tariffs will increase by 9.86 percent across all customer categories, while water tariffs will rise by 15.92 percent over the five-year period.

According to the PURC, the adjustments are necessary to enable utility providers to meet critical investment needs, enhance sector competitiveness, and ensure long-term protection of consumers through improved service delivery.

The review also includes quarterly tariff adjustments to account for external factors such as exchange rate movements, inflation, fuel prices, and changes in the power generation mix.

In addition, the Commission has introduced mini-grid tariffs aimed at improving electricity access in island and hard-to-reach communities. The associated costs will be integrated into the revenue requirements of the Volta River Authority (VRA).

PURC noted that the decision was informed by extensive stakeholder consultations, public hearings, and careful assessment of proposals submitted by utility companies.

 

The Commission assured the public that it will continue to monitor service providers closely to ensure efficiency, value for money, and strict compliance with regulatory standards.

Source: Classfmonline.com/Zita Okwang