Power hike in Punjab | Consumers to pay more Jan 1 onwards

Power tarif

The Hush Post| 10:04 pm |one-minute-read|

Consumers in Punjab will have to shell out Rs 0.36 per unit extra. This after the power tariff was revised from January 1.

Domestic consumers will have to pay an additional electricity duty of Rs 0.06 per unit. This takes the hike to Rs 0.36 per kWh.

Industrial consumers, with a hike of Rs 0.29 per kVAh, will effectively end up paying Rs 0.35 per kVAh as additional tariff. This will be in addition to the electricity duty.

This means, domestic consumer will pay Rs 8.37 per unit as tariff and industrial consumer Rs 7.05 – Rs 7.85 per unit.

The hike was announced by the Punjab State Electricity Regulatory Commission (PSERC) on Tuesday evening.
A petition for allowing higher Annual Revenue Requirement ( ARR) was moved by Punjab State Power Corporation Limited earlier this year.
The PSERC had observed that the additional revenue requirement of Rs 1,320 crore on account of coal washing charges to be paid to Rajpura Thermal Power Plant and Talwandi Sabo Power Project would have to be recovered from consumers over a period of 12 months, beginning January 2020.
The amount is to be recovered as surcharge.
The hike would see the subsidy bill of the state government going up by Rs 300 crore.

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