The major regulatory bodies are:
- The Ministry of Energy(‘MOE’) is the body ultimately responsible for development of energy policy for Ghana and supervision of all entities in the sector.
- The Public Utilities Regulatory Commission (‘PURC’) is the independent agency that oversees provision of electricity and water services. PURC is responsible for the review and approval of charges for supply, transmission and distribution of electricity rates. Regulated retail tariffs are reviewed every four years.
- The Energy Commission (‘EC’) licenses private and public entities operating in the electricity sector. In consultation with PURC, EC enforces performance standards throughout the electricity supply chain, as well as the downstream oil industry.
- The Environmental Protection Agency (‘EPA”) is mandated to ensure compliance with all environmental impact assessment procedures in the planning and execution of all existing and future development projects.