electricity tariffs

The Public Utilities Regulatory Commission (PURC) has declared a slight reduction in electricity tariffs for residential consumers, with a 6.56% reduction benefiting those within the consumption bracket of 301 kWh and above. However, there will be no change (0%) in prices for lifeline consumers (0-30 kWh) and residential consumers within the 0-300 kWh consumption bracket. In a press release outlining its first-quarter tariff review decision for 2024, the PURC clarified that non-residential consumers within the 0-300 kWh category would also experience no change in their rates. The commission emphasised that water tariffs for all customer classes would remain unchanged during…