Electricity rates hiked by 2%
Get ready to shell out more for electricity in the coming months.
If you are a BSES Rajdhani Power Limited (BRPL) or BSES Yamuna Power Limited (BYPL) consumer, a 1-2% increase in electricity rates is coming your way. But the tariff has been brought down by 1% for consumers getting supply from Tata Power Delhi Distribution Limited (TPDDL).
The decision to raise the rates follows a nod from the Delhi Electricity Regulatory Commission.
The commission has approved a 2% hike in power tariff of BYPL while a 1% increase for BRPL.
However, consumers under Tata Power Delhi Distribution Limited will benefit from a marginal drop in rates.
Two months ago, a provisional 5% price adjustment surcharge was approved and now along with this new hike, on an average this means an increase of 20 to 37 paisa per unit in consumer bills.
The regulator adjusted the tariff-based power purchase cost of the distribution companies and the new tariff will be effective from May 1 for three months. The hike will be applicable on energy consumption and not on fixed charges.
For an average household that consumes 300 units a month and pays Rs 1080 without any surcharge, will now have to pay Rs1145 per month in BRPL areas and Rs 1156 in BYPL areas. For consumers of TDPL that will have to pay Rs 1124.
The commission officials said the increase was applicable for three months, and depending on the increase of fuel surcharge by the power generating companies, it will be reviewed. Hence, after three months the matter will be reviewed and there might be an increase or decrease in the power surcharge percentage again.
TPDL and BSES officials said there have been drastic changes in fuel prices in the past two years, which have taken a toll on their balance sheets. With more hikes expected in coming days, discoms said fuel costs had to be passed on to consumers.