Power utility seeks minor hike

Power utility seeks minor hike

Pune: The Mahavitaran has filed a mid-term review petition with the Maharashtra Electricity Regulatory Commission (MERC) for recovery of revenue gap of about Rs 34,646 crore. In its proposal, the 1.41 crore residential consumers will have to face 8 paisa rise in per unit cost. 
In this petition, the rebate of Re.1 per unit is proposed to the new industries set up in the State. LT consumers paying their bills online will get 0.5 per cent discount on their electricity bills. No tariff hike is proposed for the year 2019-20.

“The number of consumers having 0 to 100 units consumption in Mahavitaran is approximately 1.41 crore. Considering the Energy Charge and Wheeling Charge together, the existing rate of Rs 4.25 per unit, 8 paise hike is proposed, making it 4.33 per unit for the year 2018-19 for the consumers in the consumption slab of 0 to 100 units,” said the statement.

As per the statement, “To encourage new industries and the existing HT consumers in the State, Mahavitaran has made special provisions in its petition. It has proposed Re. 1 per unit rebate for those who set up new industries and offering rebate of Re. 1 per unit to the existing consumer (Industries, Commercial and Railways) for increasing their consumption. It is also proposed to give 1 pc to 10 pc rebate to consumers having high consumption of (0.5 million units or more).”

Enjoyed reading The Bridge Chronicle?
Your support motivates us to do better. Follow us on Facebook, Instagram and Twitter to stay updated with the latest stories.
You can also read on the go with our Android and iOS mobile app.

Related Stories

No stories found.
logo
The Bridge Chronicle
www.thebridgechronicle.com