PURC Slashes Electricity Tariffs by 6.56% for Residential Consumers

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The Public Utilities Regulatory Commission (PURC) has announced a marginal reduction in electricity tariffs for residential consumers, but there will be no change in prices for lifeline consumers and residential consumers within the 0-300 kWh consumption bracket.

The tariff reduction of 6.56% will only apply to residential consumers who use 301 kWh and above.

According to the PURC, there will be no change in water tariffs for all customer classes. This decision was part of the commission’s first-quarter tariff review, and it was outlined in a press release signed by Dr. Ishmael Ackah, the Executive Secretary of the PURC.

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In the previous 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, which took effect from December 1, 2023.

The water tariff for residential customers had increased slightly from GHS/m³ 4.72 to 4.74, while non-residential customers saw a similar 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 rise from GHS/m³ 25.29 to 25.38.

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