The Public Utilities Regulatory Commission (PURC) has announced new increases in electricity and water tariffs, effective January 1, 2026. The move follows the Commission’s multi-year tariff review process for the period 2026 to 2030.
Under the new structure, electricity tariffs will rise by 9.86 percent across all customer categories, while water tariffs will see a 15.92 percent increase over the next five years. The PURC explained that the adjustments are necessary for utility providers to meet critical investment needs, enhance sector competitiveness, and ensure long-term protection for consumers through improved service delivery.
The review also introduces quarterly tariff adjustments to account for external factors such as exchange rate movements, inflation, fuel prices, and changes in the power generation mix. Additionally, the Commission has rolled out mini-grid tariffs to boost electricity access in island and hard-to-reach communities, with costs integrated into the Volta River Authority’s revenue requirements.
The PURC noted that the decision followed extensive stakeholder consultations, public hearings, and a thorough assessment of proposals from 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: Apexnewsgh.com
