The Public Utilities Regulatory Commission (PURC) has announced an increase in electricity and water tariffs by 29.96% and 8.3% respectively, effective 1 February.
It follows the conclusion of regulatory process for the quarterly adjustment of tariff by the PURC.
The quarterly tariff review mechanism seeks to track and incorporate changes in key factors used in determining natural gas, electricity and water tariff.
A statement issued by the PURC on Monday (16 January) said: “The commission therefore decided to increase the average end-user tariff for electricity to 29.96% across the board for all consumer groups.”
“The average end-user tariff for water has also been increased by 8.3%. The commission, however, approved varying rate adjustment including some reductions for selected industrial and commercial consumers as part of the ongoing restructuring of the existing water structure,” the PURC statement said.
Source: Daily Mail GH