The Public Utilities Regulatory Commission (PURC) has announced a slight reduction in electricity tariff for residential consumers but said there will be no change (0%) in the prices paid by lifeline consumers (0-30 kWh), as well as residential consumers within the consumption bracket of 0-300 kWh.
PURC says the marginal 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.
The Commission said water tariffs for all customer classes remain unchanged for the period under review.
This information was contained in a press release on the commission’s 2024 first-quarter tariff review decision for electricity, natural gas, and water, signed by Dr. Ishmael Ackah, Executive Secretary of the PURC.
As part of its 2023 fourth-quarter tariff review in November 2023, the PURC announced a 0.34% increase in water tariffs and a 1.52% decrease in electricity tariffs effected December 1, 2023.
The water tariff for residential customers increased from GHS/m³ 4.72 to 4.74, while non-residential customers moved from GHS/m³ 14.13 to 14.19.
For water sachet producers, their tariff has been hiked from GHS/m³ 22.26 to 22.34; industrial consumers will have their tariff moved from GHS/m³ 25.29 to 25.38.