PURC reduces electricity tariff by 6.56% for some residential consumers

The Public Utilities Regulatory Commission (PURC) has reduced the electricity tariff for residential consumers by 6.56 percent.

However, it clarified that there will be no change (0%) in the prices paid by lifeline consumers (0-30 kWh) and residential consumers within the consumption bracket of 0-300 kWh.

The marginal tariff reduction of 6.56% will benefit residential consumers within the consumption bracket of 301 kWh and above.

In detail, the tariff reduction of 6.56% will apply to residential consumers using 301 kWh and above.

The rates for consumers using 0-300 kWh will remain unchanged. Non-residential consumers within the 0-300 kWh bracket will also see no change in their rates. However, for non-residential consumers using 301 kWh and above, there will be an average reduction of 4.98% in tariffs.

The Commission further noted that, water tariffs for all customer classes will remain unchanged during the reviewed period.

This decision was outlined in a press release on the Commission’s 2024 first-quarter tariff review, signed by Dr. Ishmael Ackah, Executive Secretary of the PURC.

It’s worth mentioning that in the previous tariff review conducted in November 2023, there was a 0.34% increase in water tariffs, while electricity tariffs saw a 1.52% decrease, which was implemented on December 1, 2023.

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