Founder and President of IMANI Africa, Franklin Cudjoe, is calling on the Minister of Energy and Green Transition, Dr. John Abdulai Jinapor, to explain the modalities necessitating utility pricing to Ghanaians.
He says the Ministry needs to be more transparent about what warranted the recent upward adjustments announced by the Public Utilities Regulatory Commission (PURC), despite favourable pricing indices.
According to him, crude oil prices have dropped on the international market, with the local currency currently adjusting positively against the dollar.
Mr. Cudjoe, in a June 23, 2026 Facebook post, called on the sector Minister to be as transparent as possible with the citizenry regarding the adjustments since it defies logic.
“The reality though is that crude oil price has consistently been dropping since last week and was around 77.4 USD only yesterday from average an 85 last month. The cedi has also been recovering it’s recent losses.
“So, what’s the justification for this 3.43% raise in taxes? ‘Dear Minister John Abdulai Jinapor please we need more transparency in pricing utilities,” he posted in response to an earlier post made by one of his colleagues at IMANI.
Mr. Cudjoe’s comments follow an announcement by the Public Utilities Regulatory Commission (PURC) that effective July 1, 2026, there will be an upward adjustments in electricity and water tariffs.
This is contained in a press statement dated Monday, June 22, 2026.
“In view of the overall impact of the Hydro-Thermal Generation Mix, Ghana Cedi-US Dollar Exchange Rate. Inflation Rate, and Natural Gas Price, the Commission has taken the decision to adjust Electricity Tariffs by 3.49% across board for the third quarter of 2026,” the PURC announced.
It added that, “Water Tariffs have been adjusted marginally upwards by 0.85%% for the third quarter of 2026.”
According to the regulatory body, “These adjustments have been carried out in line with the Commission’s mandate to review tariffs on a quarterly basis to reflect developments within the Quarter. The Quarterly reviews track and incorporate movements in key operational factors, which are beyond the control of the Utility Service Providers (USPs), but key in operating the services offered.”
The statement further noted that, “These operational factors are the exchange rate between the Ghana Cedi (GHS) and the United States Dollar (US$), domestic inflation rate, electricity generation mix, and the cost of fuel mainly natural gas to power the thermal plants.”
“These Quarterly adjustments are undertaken by the Commission to maintain the real value of the existing tariffs, which would enable the utility service providers to remain financially viable and to deliver on their services to consumers, while bearing in mind the impact of these tariffs on the wellbeing of consumers in general,” the PURC further explained.
Read more from link: 2026_THIRD QUARTER(Q3) TARIFF REVIEW DECISION
