The Public Utilities Regulatory Fee (PURC) has introduced upward changes to electrical energy and water tariffs following the completion of its 2026–2030 Multi-Yr Tariff Assessment (MYTO).
The brand new charges take impact from January 1, 2026.
In accordance with the PURC in an announcement, the tariff resolution follows months of funding hearings, stakeholder consultations, and regional public boards held throughout the nation as a part of the regulatory course of.
Electrical energy tariffs to extend by 9.86%
In accordance with the PURC, electrical energy tariffs for all buyer classes will rise by 9.86%.
The Fee says the adjustment displays the funding wants of energy utilities, anticipated technology inputs, and macroeconomic indicators similar to inflation, the cedi–US greenback trade price, and the price of pure fuel.
The evaluate additionally coated operational bills and the regulated asset base of utilities for the subsequent 5 years.
Quarterly tariff opinions will proceed, adjusting for variables past the management of utility corporations, together with gasoline prices and technology combine.
Water tariffs up by 15.92%
Water tariffs will enhance by 15.92% over the 2026–2030 interval.
The adjustment, in accordance with the PURC, is predicated on projected manufacturing and gross sales volumes, non-revenue water ranges, anticipated capital funding necessities, and prevailing macroeconomic situations.
Beneath the brand new tariff construction:
- Residential customers’ fees will rise throughout consumption bands.
- Non-residential, industrial, industrial and public establishments may also see increased charges.
- Service fees usually stay unchanged.
For the primary time, the MYTO incorporates tariffs for mini-grids serving island and distant communities.
The price of supplying such communities at uniform nationwide charges has been included within the income requirement of the Volta River Authority (VRA), enabling streamlined implementation.
Key variables driving tariff changes
The PURC mentioned a number of elements influenced the brand new tariffs, together with:
- Projected electrical energy technology combine: Thermal at 78.79%, hydro at 20.90%, and renewables at 0.31%.
- Weighted Common Price of Gasoline (WACoG) rising to US$7.8749/MMBtu.
- Improved targets for transmission and distribution system losses.
- Inflation price assumption of 8% and an trade price projection of GHS 12.01 to US$1.
For the water sector, the Fee thought-about non-revenue water ranges, projected to say no to 43%, and up to date manufacturing and gross sales expectations for the approaching years.
DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially characterize the views or coverage of Multimedia Group Restricted.
DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially characterize the views or coverage of Multimedia Group Restricted.
Source link
