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.
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 and sighted by Plan B News.
Below is the full statement by the PURC:
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