The Public Regulatory Utilities Commission has raised electricity and natural gas tariffs by 18.36% for all consumer groups. This decision follows a review conducted for the second quarter of 2023.
In a statement, the PURC clarified that the tariff increase aims to maintain a balance between avoiding prolonged power outages and their negative effects on employment and livelihoods, while also minimizing the impact on consumers.
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The Quarterly Tariff Review Mechanism is designed to monitor and include alterations in important factors used to calculate natural gas and electricity tariffs.
