The Public Utilities Regulatory Commission (PURC) has implemented a 4.22 percent increase in electricity tariffs for all non-lifeline residential customers, affecting the average end-user.
This decision comes after a review carried out for the third quarter of 2023 by the PURC. According to the PURC, the primary objective behind the tariff adjustment is to ensure that the real value of the cost of providing utility services is upheld.
The new tariff structure maintains the existing rates for lifeline customers, as well as for industrial customers and non-residential entities like hairdressing salons, barbering shops, chop bars, tailoring and dress-making shops, cold stores, and other small- to medium-scale businesses.
Therefore, these segments of customers will not experience any changes or increments in their electricity tariffs.
The Public Utilities Regulatory Commission (PURC) has implemented a 4.22 percent increase in electricity tariffs for all non-lifeline residential customers, affecting the average end-user.
This decision comes after a review carried out for the third quarter of 2023 by the PURC. According to the PURC, the primary objective behind the tariff adjustment is to ensure that the real value of the cost of providing utility services is upheld.
The new tariff structure maintains the existing rates for lifeline customers, as well as for industrial customers and non-residential entities like hairdressing salons, barbering shops, chop bars, tailoring and dress-making shops, cold stores, and other small- to medium-scale businesses.
Therefore, these segments of customers will not experience any changes or increments in their electricity tariffs.
The second quarter tariff was increased by 18.36 percent.
Click here to read the PURC’s full statement.
Source: citinewsroom.com
