The Centre for Energy, Minerals and Sustainable Development (CEMSE) has called on the Public Utilities Regulatory Commission (PURC) to adopt the National Petroleum Authority's (NPA
The report indicates that the Centre for Energy, Minerals and Sustainable Development (CEMSE) has called on the Public Utilities Regulatory Commission (PURC) to adopt the National Petroleum Authority’s (NPA) transparent pricing framework, arguing that recent utility tariff adjustments have exposed longstanding shortcomings in transparency and accountability.
It further notes that in a statement issued on June 28, the energy policy think tank stated PURC’s decision to increase electricity tariffs by 3.49 per cent and water tariffs by 0.85 per cent for the third quarter of 2026 highlights what it described as “historical weaknesses” in the Commission’s tariff-setting methodology.
The statement follows PURC’s announcement on June 22, 2026, that electricity tariffs would increase by 3.49 per cent and water tariffs by 0.85 per cent, effective July 1, 2026.
The Commission explained that the quarterly adjustments reflect changes in key variables, including inflation, exchange rates, electricity generation mix and the cost of natural gas.
The latest tariff review has also attracted criticism from the Minority in Parliament, which argues that cumulative electricity tariff increases since the current administration assumed office amount to 26.82 per cent and are inconsistent with earlier commitments to ease the cost of living.
According to CEMSE, the lack of detailed disclosure makes it difficult for consumers and stakeholders to determine whether tariff adjustments accurately reflect prevailing economic conditions and operational costs.
CEMSE argued that one of the principal weaknesses in PURC’s current framework is its failure to publish the weightings assigned to key variables used in determining tariffs.
The think tank noted that while PURC references factors such as the exchange rate, inflation, electricity generation mix and the weighted average cost of gas (WACOG), it does not disclose how much influence each variable has on the final tariff calculation.
“This opacity starkly contrasts with the National Petroleum Authority’s pricing regime, which sets a commendable standard through comprehensive and transparent disclosure practices,” the statement said.
According to CEMSE, the NPA provides detailed Petroleum Products Pricing Guidelines outlining the exact pricing benchmarks, conversion factors and formulas used to calculate ex-refinery and ex-pump prices.
It also publishes applicable pricing windows, Free on Board (FOB) averaging periods, exchange rates and ex-pump prices, enabling consumers and industry players to independently verify price adjustments.
The think tank stated the NPA’s approach promotes accountability by clearly explaining the factors driving fuel price changes.
“This approach promotes accountability by elucidating the components driving price changes and enabling stakeholders to verify the integrity of pricing decisions,” CEMSE stated.
CEMSE is urging PURC to publish a comprehensive weighting framework for all macroeconomic and technical indicators used in tariff determination.
