PURC reduces electricity tariff by 1.52%, water tariff up by 0.34%

The Public Utilities Regulatory Commission (PURC) has declared that, as of December 1, 2023, the water tariff would increase by 0.34% and the electricity tariff will reduce by 1.52%.

Residential users now pay GHS/m³ 4.72 instead of GHS/m³ 4.74 for water, while non-residential customers pay GHS/m³ 14.13 instead of 14.19.

The tariff for manufacturers of water sachets has increased from GHS/m³ 22.26 to 22.34, while the rate for industrial consumers has been raised from GHS/m³ 25.29 to 25.38.

PURC reduces electricity tariff by 1.52%, water tariff up by 0.34%

Following the Commission’s 2023 fourth quarter tariff review, the PURC Executive Secretary, Dr. Ishmael Ackah, signed a release that included this information.

Residential lifeline users (0–30 kWh) will see a reduction in their power cost from GHS/m³ 0.64 to GHS/m³ 0.63, while all other residential customers (0–300 kWh) would see a reduction from GHS/m³ 1.42 to GHS/m³ 1.40.

In making its judgment, the Commission considered various factors, including the cost of power, the exchange rate between the Ghana Cedi and the US dollar, inflation, and the volume and cost of chemicals used in the treatment of raw water, according to Dr. Ackah.

As it continues to undertake quarterly tariff reviews by its Rate Setting Guidelines for Quarterly Review of Natural Gas, Electricity, and Water Tariffs, he praised stakeholders for their assistance.

Akosua Boatemaa

I'm Yours Truly, Blogger Akosua Boatemaa. I'm here to feed Your eyes and Ears with Authentic News Updates.

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