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Electricity and water tariffs up by 4.2 percent, 1.18 percent respectively

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Electricity and water tariffs up by 4.2 percent, 1.18 percent respectively 64

The Public Utilities Regulatory Commission (PURC) said it arrived at this decision after a review carried out for the third quarter of 2023.

In a statement signed by its Executive Secretary, Ishmael Ackah, the PURC underscored, the primary objective of the increase is to ensure that the real value of the cost of providing utility services is upheld.

The new tariff structure maintains the existing rates for lifeline customers, as well as for industrial customers and non-residential entities like hairdressing salons, barbering shops, chop bars, tailoring and dress-making shops, cold stores, and other small- to medium-scale businesses.

Therefore, these segments of customers will not experience any changes or increments in their electricity tariffs, while in the case of water, all customers except lifeline customers will be affected.

“The PURC is continually grateful to all stakeholders for their support as it continues to implement quarterly tariff reviews in accordance with its Rate Setting Guidelines for Quarterly Review of Natural Gas, Electricity, and Water Tariffs. The Commission wishes to assure its stakeholders that it will continue to monitor the operations of the service providers to ensure quality delivery of service while balancing the interests of Consumers and Utility Service Providers,” PURC’s statement added.

Kindly find PURC’s statement below

 

 

Electricity and water tariffs up by 4.2 percent, 1.18 percent respectively 65

Electricity and water tariffs up by 4.2 percent, 1.18 percent respectively 66

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