Connect with us

News

PURC reduces electricity tariffs by 4.81% and water tariffs by 3.06%

Published

on

The Public Utilities Regulatory Commission has announced a reduction in electricity and water tariffs for the second quarter of 2026.

According to the Commission, electricity tariffs will reduce by an average of 4.81 percent while water tariffs will go down by 3.06 percent.

The new tariffs will take effect from April 1, 2026.

In a press release issued on March 13, 2026, the Commission explained that the review forms part of its quarterly tariff adjustment mechanism which allows it to reflect changes in key economic indicators that affect the operations of utility service providers.

Advertisement

It noted that the quarterly review considers factors such as the exchange rate between the Ghana cedi and the United States dollar, the rate of inflation, the cost of fuel used in electricity generation, and the mix of electricity generation sources.

The Commission indicated that it applied a projected weighted average exchange rate of GHS11.1931 to one United States dollar for the second quarter of 2026.

This represents a 6.78 percent reduction from the previous quarter rate of GHS12.0067 to one dollar.

It explained that a three month average inflation rate of 4.17 percent was used for the review period, which reflects a downward change of 47.87 percent compared to the previous quarter.

Advertisement

The Commission further stated that the weighted average cost of gas used for power generation increased slightly to 8.0988 dollars per MMBtu, representing an increase of 2.84 percent from the previous rate.

It added that the electricity generation mix for the period remains unchanged, with 20.90 percent coming from hydro sources and 79.10 percent from thermal generation, as outlined in the 2025 Multi Year Tariff Order.

The Commission explained that these adjustments are meant to maintain the real value of tariffs so that utility service providers remain financially stable while continuing to deliver reliable services to consumers.

It announced that, for the first time, a commercial electric vehicle charging tariff has been introduced to support the transition to green energy.

Advertisement

According to the Commission, the new tariff is expected to encourage the growth of electric vehicle charging services in the country.

By: Jacob Aggrey

News

Parliament clarifies “No Vacancy” notice for NSS Personnel

Published

on

Parliament has clarified public commentary on social media regarding a notice on its notice board that read “No Vacancy for National Service Personnel 2026/2027. Kindly go for reposting.”

In a statement, signed by the Director of Media Relations, David Sebastian Damoah, Parliament said the notice has been misconstrued and was not a policy statement, a freeze on national service placements, or a change in its support for the National Service Scheme.

According to Parliament, the notice was a routine administrative message to prospective personnel who reported to the House, informing them that it has received more personnel than it can accommodate for the 2026/2027 service year and that they should seek reposting to other institutions.

It said it remains committed to the National Service Scheme and values the contribution of service personnel to its work, and regrets any confusion or inconvenience the wording may have caused.

Advertisement

By Edem Mensah-Tsotorme

Continue Reading

News

Hopeson Adorye elected to Board of World Taxpayers Association

Published

on

Ghanaian public advocate Hopeson Yaovi Adorye has been elected to the Board of Directors of the World Taxpayers Association (WTA).

The election took place on Sunday, October 5, 2026, during the Association’s conference in Kraków, Poland.

His election marks a significant addition to his international leadership portfolio and provides a platform for Ghanaian and African perspectives to contribute to global discussions on taxpayer rights, responsible taxation, transparency and prudent management of public resources.

Reacting to his election, Mr. Adorye expressed appreciation to the leadership and members of the WTA for the confidence reposed in him.

Advertisement

“I am deeply honoured by this confidence and conscious of the responsibility that comes with it. Taxpayers are at the heart of every economy, and they deserve fairness, transparency, accountability and value for the taxes they pay. I look forward to working with colleagues from across the world to strengthen the voice of taxpayers and promote responsible fiscal governance,” he said.

According to him, taxation should not be viewed solely as a mechanism for raising government revenue, but also as an important component of the social contract between citizens and the state.

Mr. Adorye said governments have a responsibility to ensure taxes are collected fairly and public resources are utilised efficiently to deliver quality infrastructure, healthcare, education, security and other essential services.

His election also creates an opportunity to bring African experiences into international conversations on taxation and public expenditure.

Advertisement

Mr. Adorye, who is Executive Director of Taxpayers League Ghana, has previously served as Global Board Chairman of the International Youth Network for UN Security Council Resolution 2250, an NGO associated with the United Nations Economic and Social Council (ECOSOC).

He is expected to use his new role to champion fiscal accountability, taxpayer education, good governance and stronger citizen participation in public financial management.

Continue Reading
Advertisement

Trending