PURC increases water, electricity tariffs for some following 3rd quarter review

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The Public Utilities Regulatory Commission (PURC) has reviewed upward utility tariffs for some customers while others will see no adjustments.

Under its Quarterly Tariff Review Mechanism and Guidelines, the Commission decided on tariff payments  for customers from Friday, September 1 to the end of this year.

It approved a 4.22 percent increase for electricity across board for non-lifeline residential customers.

However, there will not be any increment for lifeline customers, industrial customers, and non-residential customers like hairdressing saloons, barbering shops, chop bars, tailoring and dress-making shops, cold stores, and other small- and medium-scale businesses.

For water, a 1.18 percent increment was approved for all customers except lifeline customers who will see no increment in tariffs.

According to the PURC, it was guided “by the ultimate interest of consumers, the financial viability of the utilities, and the general economic conditions prevailing in the country”.

 

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