POWER

Eye on polls, Punjab cuts power tariff up to 20% for marginal consumers

Patiala Months ahead of the assembly elections in Punjab, the Punjab State Electricity Regulatory Commission (PSERC) on Friday reduced the power tariff for domestic consumers with monthly consumption of less than 300 units by up to 20%.

According to the PSERC order, the per unit tariff for domestic consumers with load up to 2kW and consumption slabs of 0 to 100 units and 101 to 300 units has been reduced by ₹1 and 50 paise, respectively. For domestic consumers having a load between 2kW and 7kW and for consumption slabs of 0 to 100 units and 101 to 300 units, the rates have been reduced by 75 paise and 50 paise, respectively.

Initially, the Punjab State Power Corporation Limited (PSPCL) had demanded a 9% tariff hike only to revise the petition, seeking a slash in the rate reportedly at government’s insistence.

“This shall result in financial relief to the tune of ₹682 crore to these consumers. The new slabs will come into force from June 1,” reads the order issued by PSERC chairman Viswajeet Khanna.

To provide respite to domestic consumers, the PSERC has passed on the burden on other segments of consumers. The non-domestic consumers will pay almost 24% of the subsidy.

The tariff for above 7kW of load has been increased by almost 5%, which also includes a hike in fixed charges. Now, the average per unit power cost in Punjab is ₹6.41, the pooled purchase cost is ₹4.54.

Source
hindustan times
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