Electricity tariff up 5.94%, water 2.22% - MEDIA NEWS: ankobenmedia

Tuesday, 1 October 2019

Electricity tariff up 5.94%, water 2.22%

Three months after the last adjustment, the Public Utilities Regulatory Commission has announced an upward review of electricity by 5.94%

It also announced increase water tariffs by 2.22% bringing the combined increase to over 8%.

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In a statement Monday, the PURC explained, the increase in tariffs was determined by the Automatic Adjustment Formula (AAF) which considers eight factors including inflation, in arriving at a review.

PURC announced, consumers should expect the increase to kick in on October 1, 2019.

The PURC in June 2019 announced a 11% increase in electricity which took effect July 1.



Source: Myjoyonline.com

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