Wednesday, 17 April

PURC cuts power tariff by 6.56%

Business
According to the PURC, the marginal tariff reduction of 6.56% will benefit residential consumers using 301 kWh and above

The Public Utilities Regulatory Commission (PURC) has announced a slight reduction in electricity tariffs for residential consumers, while maintaining a 0% change for lifeline consumers (0-30 kWh) and those within the consumption bracket of 0-300 kWh.

According to the PURC, the marginal tariff reduction of 6.56% will benefit residential consumers using 301 kWh and above.

“Tariffs within the 0-300kWh for non-residential class of consumers remains the same with no change in their rates. However, consumers within 301kWh and above class will experience an average reduction of 4.980/0,” it added.

In a press release signed by Dr. Ishmael Ackah, Executive Secretary of the PURC, the commission stated that water tariffs for all customer classes remain unchanged for the reviewed period.

This decision contrasts with the 2023 fourth-quarter tariff review in November, where the PURC announced a 0.34% increase in water tariffs and a 1.52% decrease in electricity tariffs effective December 1, 2023.

Under the revised tariff, water tariffs for residential customers increased slightly from GHS/m³ 4.72 to 4.74, while non-residential customers saw a rise from GHS/m³ 14.13 to 14.19.

Water sachet producers experienced a tariff hike from GHS/m³ 22.26 to 22.34, and industrial consumers' tariffs increased from GHS/m³ 25.29 to 25.38.

Source: classfmonline.com