CHANDIGARH: In a major relief for households, businesses and industries across Punjab, electricity tariffs have been reduced across consumer categories for FY 2026–27, bringing down power rates by up to ₹1.5 per unit for domestic consumers, up to 79 paise per unit for commercial users and up to 74 paise per unit for industrial units.
The new tariff order, issued by the Punjab State Electricity Regulatory Commission chaired by Viswajeet Khanna, IAS (Retd.), along with Members Ravinder Singh Saini (Member Technical) and Ravi Kumar (Member Legal), will come into effect from April 1, 2026 to March 31, 2027.
Highlighting the development as a major pro-people step, Power Minister Sanjeev Arora said the tariff reductions across categories will provide substantial relief to households, strengthen MSMEs and boost industrial competitiveness in Punjab. He added that the reduction of EV charging tariff to ₹5 per unit, among the lowest in the country, along with the financial turnaround of Punjab State Power Corporation Limited (PSPCL), which has secured an A+ rating and recorded a ₹2634 crore profit, reflects the growing efficiency and strength of Punjab’s power sector under the leadership of CM Bhagwant Singh Mann.
The revised tariff structure brings down electricity rates across consumer categories while maintaining the financial strength of the power sector. Domestic consumers will see reductions of up to ₹1.5 per unit depending on consumption slabs, commercial establishments will benefit from reductions of up to 79 paise per unit, and industrial consumers will see tariffs reduced by up to 74 paise per unit.
He added that even for households consuming beyond the free quota, tariffs have been reduced. “For consumption above 300 units, the tariff has been reduced by ₹0.70 per unit, providing additional relief to higher-consumption households, ” said Minister Sanjeev Arora.
The Punjab Government has also reduced fixed charges for domestic consumers. For households with a load between 2 kW and 7 kW, fixed charges have been reduced by ₹5 per kW, while for loads between 7 kW and 20 kW, fixed charges have been reduced by ₹10 per kW.
“For commercial consumers with load up to 7 kW, tariffs have been reduced by ₹0.79 per unit for consumption up to 500 units and by ₹0.65 per unit for consumption above 500 units, ” said Minister Sanjeev Arora.