The Public Utilities Regulatory Commission (PURC) has reduced the electricity tariff for residential consumers by 6.56 percent.
However, it clarified that there will be no change (0%) in the prices paid by lifeline consumers (0-30 kWh) and residential consumers within the consumption bracket of 0-300 kWh.
The marginal tariff reduction of 6.56% will benefit residential consumers within the consumption bracket of 301 kWh and above.
.In detail, the tariff reduction of 6.56% will apply to residential consumers using 301 kWh and above.
The rates for consumers using 0-300 kWh will remain unchanged
Non-residential consumers within the 0-300 kWh bracket will also see no change in their rates
However, for non-residential consumers using 301 kWh and above, there will be an average reduction of 4.98% in tariffs.