hree months after the last adjustment, the Public Utilities Regulatory Commission has announced an upward review of electricity by 5.94%
It also announced increase water tariffs by 2.22% bringing the combined increase to over 8%.
In a statement Monday, the PURC explained, the increase in tariffs was determined by the Automatic Adjustment Formula (AAF) which considers eight factors including inflation, in arriving at a review.
PURC announced, consumers should expect the increase to kick in on October 1, 2019.
The PURC in June 2019 announced a 11% increase in electricity which took effect July 1.