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Reading: Report: Tariff up 5.94%, 2.22% for Electricity and Water Respectively.
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The News God > Blog > Business & Finance > Report: Tariff up 5.94%, 2.22% for Electricity and Water Respectively.
Business & FinanceNews

Report: Tariff up 5.94%, 2.22% for Electricity and Water Respectively.

Sampson Gaddah
Last updated: September 30, 2019 8:47 pm
Sampson Gaddah
September 30, 2019
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1 Min Read
Three months after the last adjustment, the Public Utilities Regulatory Commission has announced an upward review of electricity by 5.94%
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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%.

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.

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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.

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