Bengaluru, May 14: Two days after the assembly elections, the Karnataka Electricity Regulatory Commission (KERC) on Monday announced tariff hike.
Usually, the hike is announced in the last week of March every year and the hike comes to effect from April 1. But as the poll code of conduct was in place, the commission had to wait till the elections were over. However, today’s revised tariff will be applicable from the start of the new financial year i.e., April 1.
For citizens, there will be no respite as the hike will have retrospective effect. This means the electricity bill that will be generated after May 14 will include the tariff hike, calculated from April.
The five electricity supply companies (Escoms), in their tariff petitions submitted last year, had sought hike ranging from 82 paise to Rs 1.62 per unit for the financial year 2018-19.
Highlights
The KERC has announced a 5.93% increase for Bangalore Electricity Supply Company (Bescom) against the 14% it had asked for.
The average increase for Bengalureans would be 25 paise as against 82 paise Bescom had sought for.
The overall hike for the five escoms is around 6%, which is between 20 paise and 60 paise.
Concessional reforms have been announced for certain categories of consumers. The tariff for the BMRCL has been reduced by Re. 1 per unit. Earlier, BMRCL was charged around Rs. 6 per unit.
To give a push to electrification of railway tracks, the KERC has reduced tariff by 40 paise per unit across the State.
The KERC has fixed Rs. 4.85 per unit as tariff for charging electric vehicles.
"Those who want to start electric vehicle charging stations need not get license from the Commission. In other cases, whoever sells Electricity has to get license from KERC," Chairman M.K. Shankarlinge Gowda said.

Comments
Add new comment