Power tariff hike on cards

Bengaluru: Less than six months after the Karnataka Electricity Regulatory Commission (KERC) approved an average increase in tariff by 30 paise per unit for all electricity supply companies, the Bangalore Electricity Supply Company Limited (BESCom) has proposed to the KERC to hike power tariff by Rs. 1.23 to Rs. 1.58 per unit.

All the Escoms submit tariff applications before the KERC every year in December. Though it is not clear how much tariff increase Chamundeshwari Electricity Supply Corporation (CESC) has proposed, the recommended rates are likely to be in the similar range.

After receiving proposals, the KERC will decide on the tariffs and would conduct public hearings before announcing the actual hike.

The tariff hike application will be scrutinised and after acceptance, it will be notified. This is likely to take at least another month. Officials said the proposal is similar to what was made last year also. “It is an annual exercise to submit our proposals seeking revision in power tariff, after which KERC hears the case on why the proposal has been made and then the final announcement is done. KERC usually does not accept the proposal made but does announce an annual revision,” officials said.

This post was published on December 11, 2021 6:39 pm