A major review of utility tariffs is expected to take effect from January 2026, as part of the Multi-Year Tariff Order (MYTO) being undertaken by the Public Utilities Regulatory Commission (PURC).
Joy Business sources familiar with the discussions confirm that the review will serve as a key regulatory exercise aimed at aligning tariffs with long-term sector needs.
The MYTO framework provides regulatory certainty for planning while allowing periodic adjustments based on prevailing economic conditions and performance indicators.
This latest review will focus on the significant long-term investments made by utility companies and explore measures to help recover capital already committed.
To this end, the PURC has commenced stakeholder engagements across the country to ensure that any new agreements reached receive the necessary industry approval.
Earlier this month, the Commission opened consultations on the Multi-Year Tariff Order for 2025–2030 during a stakeholder session in Accra.
Electricity and water providers have been pushing for notable tariff increases to sustain their operations.
Quarterly Tariff Adjustments Still Pending
Meanwhile, sources caution that this development is separate from the Quarterly Utility Tariff Adjustment, which the PURC could also announce soon.
It remains unclear whether, in light of the January review, the regulator will proceed with the next quarterly adjustment, scheduled for early next month.
The quarterly review is guided by inflation, cedi performance, and the cost of crude oil and finished petroleum products.
While most of these variables have been declining, the cedi has come under pressure in the past two months, raising questions about how this trend might influence the upcoming adjustment.