Bengaluru: The Karnataka Electricity Regulatory Commission (KERC) on Wednesday said it has approved a ‘significant reduction’ in tariff to commercial, industrial and domestic consumers, consuming above 100 units per month, effective from April one. The power tariff was reduced ahead of the Lok Sabha elections due by May this year.

For LT (low tension) domestic lighting, energy charges have been reduced by 110 paise per unit and by 50 paise per unit for LT commercial installations, KERC said in a release.

It said, the HT (High Tension) commercial energy charges have been reduced by 125 paise per unit, and demand charges by Rs 10 per KVA ( kilovolt-amps).

Further noting that HT industrial energy charges have been reduced by 50 paise per unit and demand charges reduced by Rs 10 per KVA, KERC said, for HT hospitals and educational institutions, energy charges have been reduced by 40 paise per unit, and demand charges by Rs 10 per KVA.

HT residential apartments demand charges have been reduced by Rs 10 per KVA, it said, adding that for LT Pvt. hospitals and educational Institutions, energy charges have been reduced by 50 paise per unit, and for LT industrial installations by 100 paise per unit.

“After scrutiny of ESCOM’s applications, the Commission has approved total Annual Revenue Requirement (ARR) of Rs 64944.54 crore as against Rs 69474.75 crore sought by the ESCOMs (electricity supply companies) in their Tariff Applications,” KERC said.

The Bangalore Electricity Supply Company (BESCOM) had proposed a hike of Rs 0.49 paise for domestic consumers. The BESCOM had cited transmission and distribution losses and power purchase costs as the reason for the proposed hike.

QOSHE - Karnataka electricity commission slashes tariff ahead of Lok Sabha elections - Press Trust Of India
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Karnataka electricity commission slashes tariff ahead of Lok Sabha elections

9 0
29.02.2024

Bengaluru: The Karnataka Electricity Regulatory Commission (KERC) on Wednesday said it has approved a ‘significant reduction’ in tariff to commercial, industrial and domestic consumers, consuming above 100 units per month, effective from April one. The power tariff was reduced ahead of the Lok Sabha elections due by May this year.

For LT (low tension) domestic lighting, energy charges have been reduced by 110 paise........

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