The Public Utilities Regulatory Commission (PURC) in Ghana has announced a marginal reduction in electricity tariffs for residential consumers, particularly those within the consumption bracket of 301 kWh and above.
According to the latest tariff review released by the PURC, residential consumers falling within this bracket can expect a reduction of 6.56 percent in their electricity tariffs.
However, for lifeline consumers within the consumption bracket of 0-30 kWh, there will be no change in tariffs, with rates remaining unchanged at 0 percent.
The PURC clarified that tariffs for non-residential consumers within the 0-300 kWh consumption bracket will also remain the same, without any alterations in their rates. However, consumers within the 301 kWh and above category will experience an average reduction of 4.98 percent in their electricity tariffs.
These adjustments were outlined in the PURC’s statement on the first-quarter tariff review for electricity, natural gas, and water in 2024.
While the electricity tariff review brings relief to residential consumers, the PURC stated that water tariffs for all consumer categories will remain unchanged during the period under review.
In its previous fourth-quarter tariff review conducted in November 2023, the PURC had announced a slight increase of 0.34 percent in water tariffs. Conversely, electricity tariffs witnessed a decrease of 1.52 percent, effective from December 1, 2023.
The latest tariff adjustments by the PURC reflect the regulatory body’s efforts to ensure fair and sustainable pricing for essential utilities while considering the economic well-being of consumers. These measures aim to strike a balance between maintaining operational efficiency and alleviating the financial burden on residential consumers amidst prevailing economic conditions.