• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Energy

Consumers feel the burn as electricity tariffs jump 29.96%

3 years ago
in Energy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
67
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Consumers feel the burn as electricity tariffs jump 29.96%

The Public Utilities Regulatory Commission (PURC) in Ghana has announced an increase in tariffs for electricity and water for the first quarter of 2023, citing the need to prevent extended power outages and the impact of currency depreciation and inflation on utility companies.

Effective from 1 February, electricity tariffs will rise by 29.96% and water tariffs by 8.3%.

The PURC stated that it considered the exchange rate of the Cedi against the US dollar, inflation, generation mix and the weighted average cost of natural gas before setting the new tariffs.

In addition to the rate increases, the commission approved varying adjustments for selected industrial and commercial consumers as part of the ongoing restructuring of the existing water rate structure.

For example, water tariffs for bottled water and drink producers were reduced from GHp/m3 4595.84 to GHp/m3 3000, while that of industrial service also decreased from GHp/m3 1351.45 to GHp/m3 2000.

This is not the first time tariffs have been increased. In September 2022, tariffs for electricity and water were raised by 27.15% and 21.55% respectively in a major tariff review.

RelatedPosts

Chelsea Thrash West Ham 5-1, Increasing Pressure on Former Boss Graham Potter

Lithium Price Surge to be Short-Lived, Analysts Say

Gold Fields Targets 20% of Global Output from Tarkwa Mine by 2026

At the time, the Ghana Water Company Limited requested a 334% tariff increase and the Electricity Company of Ghana called for a 148% increase.

The new tariffs will be in effect for January to March 2023 and will impact all consumer groups.

Tags: Consumers feel the burn as electricity tariffs jump 29.96%electricity tariffsPURCWater tariffs
No Result
View All Result

Highlights

Records Shattered at Inaugural Expanded FIFA Club World Cup in the USA

FIFA Imposes Transfer Ban on Hearts of Oak Over $150,000 Hiddink Debt

AGI Presses GRA to Curb Illicit Imports as Cedi Appreciation Fuels Influx of Goods

Degas Ltd Pledges $100m to Position Ghana as Africa’s First AI-driven Agriculture Hub

Gold Fields Boosts H1 2025 Earnings, Eyes Reinvestment in Tarkwa as Damang Transition Looms

President Mahama’s High-Stakes Gamble: Is Ghana Giving Away Too Much to Foreign Investors?

Trending

Features

Chelsea Thrash West Ham 5-1, Increasing Pressure on Former Boss Graham Potter

August 23, 2025

Chelsea Thrash West Ham 5-1, Increasing Pressure on Former Boss Graham Potter Chelsea came from behind to...

Lithium Price Surge to be Short-Lived, Analysts Say

August 22, 2025

Gold Fields Targets 20% of Global Output from Tarkwa Mine by 2026

August 22, 2025

Records Shattered at Inaugural Expanded FIFA Club World Cup in the USA

August 22, 2025

FIFA Imposes Transfer Ban on Hearts of Oak Over $150,000 Hiddink Debt

August 22, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.