Ghana's Public Utilities Regulatory Commission jacked up power bills by almost 10% and water rates by nearly 16% starting next year after wrapping up their multi-year tariff review. The hikes hit all customer types and factor in stuff like inflation sitting at 8%, the cedi trading around 12 to the dollar, and natural gas prices climbing to nearly eight bucks per unit.
The power grid is leaning heavy on thermal generation at 79%, with hydro making up most of the rest and renewables barely registering. Water losses from leaky infrastructure are supposed to drop to 43%, while the commission claims the price bumps are needed to keep utilities running and fund upgrades. Quarterly adjustments will keep happening based on fuel costs and whatever generation mix they end up using.
The power grid is leaning heavy on thermal generation at 79%, with hydro making up most of the rest and renewables barely registering. Water losses from leaky infrastructure are supposed to drop to 43%, while the commission claims the price bumps are needed to keep utilities running and fund upgrades. Quarterly adjustments will keep happening based on fuel costs and whatever generation mix they end up using.
