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HeadlineResidential consumers to pay less for electricity as PURC slashes tariff by...

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Residential consumers to pay less for electricity as PURC slashes tariff by 6.56%

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The Public Utilities Regulatory Commission (PURC) has announced a marginal reduction in electricity tariffs for residential consumers.

However, 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.

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The slight tariff reduction of 6.56% will benefit residential consumers within the consumption bracket of 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.

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The Public Utilities Regulatory Commission (PURC) has announced that water tariffs for all customer classes will remain unchanged for the upcoming period.

This decision was outlined in a press release regarding the commission’s first-quarter tariff review decision for electricity, natural gas, and water. Dr. Ishmael Ackah, Executive Secretary of the PURC, signed the release.

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In its fourth-quarter tariff review in November 2023, the PURC had announced a 0.34% increase in water tariffs and a 1.52% decrease in electricity tariffs, effective December 1, 2023. The water tariff for residential customers had increased from GHS/m³ 4.72 to 4.74, while non-residential customers saw an increase 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 saw their tariff move from GHS/m³ 25.29 to 25.38.

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