The Public Utilities Regulatory Commission (PURC) has indicated that new utility tariffs will take effect in January next year, following a stakeholder consultation and public hearing to guide the final decision.

Executive Secretary of PURC, Dr. Shafic Suleman, said the adjustment process is aimed at striking a balance between protecting consumers from excessive charges and enabling utility providers to sustain and improve their operations.

“Our objective is to ensure that consumers are not overburdened with high tariffs while at the same time allowing utility providers to invest in keeping the lights on,” Dr. Suleman stated.

He underscored the commission’s commitment to shielding vulnerable groups, noting that the lifeline tariff system remains in place to guarantee affordable access to essential utilities for the poorest households.

Dr. Suleman assured that views gathered during the stakeholder consultations and public hearings would play a significant role in shaping the final tariff levels.

He acknowledged the challenges of regulating the sector, pointing out that the task requires balancing the needs of consumers with the financial sustainability of service providers.

“Keeping the lights on is complex and expensive,” he said, “but we are working to ensure that investments in utility infrastructure can continue without passing undue hardship onto consumers.”