17
Jan
The Public Utilities and Regulatory Commission has increased electricity and water tariffs by 29.96% and 8.3% respectively. The new rates take effect from February 1, 2023. This follows the conclusion of its regulatory process for the quarterly adjustment of utility tariffs covering the first quarter of 2023. The Commission said the process is in conformity with the Quarterly Tariff Review Mechanism and Guidelines as communicated in the Commission’s August, 2022 major tariff review decision. This was contained in a press release issued in Accra on Monday. According to the statement signed by the Executive Secretary, Dr. Ishmael Ackah, the PURC…