Effective May 3, 2025, Ghanaians will face new utility tariffs as announced by the Public Utilities Regulatory Commission (PURC). Electricity rates are set to increase by 14.75%, while water tariffs will go up by 4.02%. This marks the second upward adjustment in less than a year, reflecting a cumulative increase of nearly 19% in electricity and over 5% in water charges since July 2024.
According to the PURC, the latest increments are driven by multiple economic factors including inflation, the depreciation of the cedi against the US dollar, rising fuel costs, and changes in the energy generation mix. The Commission further stated that the adjustments are necessary to ensure the continued delivery of electricity and water services and to help recover 50% of an outstanding revenue shortfall of GHS976 million, with the remaining balance to be recovered in future quarters.
While the PURC maintains that the hikes are essential for sustaining utility services, many Ghanaians have expressed concerns about the growing cost of living and the pressure such increases place on household budgets. Consumers will now have to brace for higher utility bills amid an already challenging economic climate.
Full details of the revised tariffs are expected to be published in the national gazette and on the PURC’s official website.