Online: Citi Newsroom, June 26, 2025
The Ghana National Chamber of Commerce and Industry (GNCCI) has indicated that the recently announced increase in electricity tariffs is unlikely to affect the prices of goods and services.
This comes after the Public Utilities Regulatory Commission (PURC) announced a 2.45% increase in electricity tariffs across all consumer categories, effective July 1, 2025. The adjustment follows the Commission’s routine quarterly review. Meanwhile, water tariffs will remain unchanged for the third quarter of the year. Speaking to Citi Business News, GNCCI CEO, Mark Badu-Aboagye downplayed the impact of the increment, describing it as minimal.
“What we are looking at is that if there is a further improvement in the key variables, we expect the tariffs for businesses to eventually be reduced,” he said.
He added: “Electricity costs per kilowatt hour in Ghana are already quite high, so an additional 2.45% increase will certainly raise production costs. However, I don’t believe this will result in a significant rise in prices.”
Meanwhile, two civil society organisations, CUTS International Accra and the Center for Environmental Management and Sustainable Energy (CEMSE), have jointly called on the PURC to suspend its planned electricity tariff adjustment.
He added: “Electricity costs per kilowatt hour in Ghana are already quite high, so an additional 2.45% increase will certainly raise production costs. However, I don’t believe this will result in a significant rise in prices.”
Meanwhile, two civil society organisations, CUTS International Accra and the Center for Environmental Management and Sustainable Energy (CEMSE), have jointly called on the PURC to suspend its planned electricity tariff adjustment.
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