Electricity tariff goes up by 51.73%

The Public Utilities and Regulatory Commission (PURC) has announced new tarrifs for electricity and water with each going up by 51.73% and 15% respectively
The new prices will take effect from July 1, 2015.

A statement by the PURC Tuesday, said “after a careful consideration of all the factors that underpin the automatic adjustment formula, the public utilities regulatory commission has reviewed electricity and water tariffs with an increase of 51.73 for electricity and 15 percent for water for the third quarter of 2015 effective 1st July 2015.

“However, the commission has decided to defer the increase for Electricity due to the current electricity supply situation, but has decided to pass on the adjustment for water because of the notable expansion in water infrastructure and considerable improvement in supply”.

Related Articles

Back to top button