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Utility tariffs to go up next week; New rates to take effect September 1

Next week, utility rates are anticipated to increase for the first time since 2017.

The tariffs are anticipated to go into force on September 1 of this year after being announced.

This follows nationwide consultations on recommendations the Public Utilities Regulatory Commission (PURC) received from the utility corporations.

According to a source with knowledge of the stakeholder consultations, in addition to public forums held in each of the 16 regions, the PURC also engaged identified groups and pertinent segments of the public and took into account all sides of the debate when determining the proper rates.

The Daily Graphic has learned that the new tariffs won’t be uniform across the board, thus the rates will vary based on the justifications and supporting documentation provided by the utilities and the verification performed by the commission.

Another source claimed that the to-be-announced tariffs will not include state taxes and levies already in place.

Micro, small, and medium-sized businesses (MSMEs), including restaurants and hairdressers, will not be subject to “punitive” tariffs, according to the statement.

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