Tuesday, Oct 21, 2014

KERC approves tariff revision, power cost up by 32 paise/unit

The tariff for all commercial and industrial consumers across the state has been increased by 30 to 40 paise per unit. The tariff for all commercial and industrial consumers across the state has been increased by 30 to 40 paise per unit.
Express News Service | Bangalore | Posted: May 13, 2014 5:38 am

The Karnataka Electricity Regulatory Commission (KERC) on Monday approved revision of tariff by all electricity supply companies for the 2014-15 financial year with an average increase of 32 paise per unit across different categories of consumers.

The 32 paise per unit increase approved by the KERC is against a 66 paise per unit increase that had been sought by the companies for all consumers other than Irrigation Pumpset  users and Bhagya Jyothi, Kuteer Jyothi scheme beneficiaries.

Domestic consumers will see their bills go up by 20 paise per unit for monthly consumption of less than 30 units and 30 paise per unit for consumption exceeding 30 units.

“The revised tariff for domestic consumers in urban areas will be Rs 2.70 per unit up to 30 units, Rs 4 per unit for consumption between 31 and 100 units, Rs 5.25 per unit for consumption between 101 and 200 units and Rs 6.25 per unit for consumption beyond 200 units per month,” the KERC said in an official statement.

For residential apartments under HT category, the tariff has been increased from Rs 4.90 to Rs 5.30 per unit.

“For domestic consumers in rural areas, the revised rates will be Rs 2.60 per unit up to 30 units, Rs 3.70 per unit between 31 and 100 units, Rs 4.95 per unit between 101 and 200 units and Rs 5.75 per unit for consumption beyond 200 units per month,” the KERC said.

Much of the increase in power tariff is on account of the higher cost of purchase of power for the state and an increase in the subsidy burden for free power to certain categories like irrigation pumpsets and poor households.

“The bulk of this increase is on account of the increase in the average cost of power purchase which has gone up from Rs 3.20 per unit in 2013-14 to Rs 3.59 per unit in 2014-15,” it said.

The tariff for all commercial and industrial consumers across the state has been increased by 30 to 40 paise per unit.

The revised rates for LT industrial units in Bangalore and other Municipal Corporation areas will be Rs 4.75 per unit for the first 500 units (30 paise increase) and Rs 5.85 per unit for consumption above 500 units (40 paise increase).

In other areas, the new rates will be Rs 4.55 per unit for the first 500 units (30 paise increase), Rs 5.35 per unit for consumption from 501 to 1000 units (40 paise increase) and Rs 5.65 per unit for consumption above 1000 units (40 paise increase).

For LT commercial units, the new tariff in urban areas including Bangalore and other city areas will be Rs 6.75 per unit for the first 50 units and Rs 7.75 per unit continued…

comments powered by Disqus
Featured ad: Discount Shopping
Follow

Get every new post delivered to your Inbox.

Join 1,277 other followers