The IES contends that electricity rates should be reduced.

Additionally, according to IES, Bui GS’s year-start height of 178.99 metres above sea level (masl) is sufficient to produce up to 1,056 GWh of power in 2023.

The Weighted Average Cost of Gas, which has been revised to US$6.0952/MMBtu from US$5.9060MMBtu, is affected by the energy mix assumption used in the tariff adjustment (to reflect better water-head levels), hence IES requests that the PURC revisit it.

As a result, according to the IES, the 29.96 percent tariff rise for all energy consumer categories will be reduced, providing some respite to the already overburdened populace in the face of the current economic crisis.

 

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