The Public Utilities Regulatory Commission (PURC) has announced a downward review of electricity tariffs for residential consumers effective April 1 to June 30, 2024.
PURC says the reduction is for residential consumers within the consumption bracket of 301 kWh and above.
In a statement dated February 27, the Commission indicated that there will be no change (0%) in prices for lifeline consumers (0-30 kWh) and residential consumers within the 0-300 kWh consumption bracket.
“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 decision comes after the 2023 fourth-quarter tariff review in November, where the PURC implemented a 0.34% increase in water tariffs and a 1.52% decrease in electricity tariffs, effective December 1, 2023.
The water tariff adjustments included residential customers moving from GHS/m³ 4.72 to 4.74, and non-residential customers shifting from GHS/m³ 14.13 to 14.19.
Water sachet producers experienced a tariff hike from GHS/m³ 22.26 to 22.34, while industrial consumers saw their tariff increase from GHS/m³ 25.29 to 25.38.