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Token tariff increase for domestic and industrial consumers in Punjab

VINOD GUPTA | June 14, 2024 05:30 PM

CHANDIGARH: The Punjab State Electricity Regulatory Commission (PSERC) in its tariff order has made a token increase of 10 to 12 paise per unit for domestic consumers and 15 paise per unit for industry.

The new tariff for the financial year 2024-25 will be applicable from 16th June, 2024 .This year the Average Cost of Supply has been worked out to 715.55 paise/unit which is 11.21 paise per unit higher than the last year cost of 704.34 Paise/unit .

The annual revenue requirement of PSPCL for 2024-25 has been assessed by PSERC will be Rs. 44239.14 crores and the projected net revenue to PSPCL will be Rs. 48467.72 crores. PSERC has claimed that this clears the previous deficit determined and allowed by the Commission.

The power tariff hike for domestic consumers with consumption of 100 units has been increased by 10 paise per unit for first 100 units and 12 paise per unit for next two hundred units.For industrial consumers taiff has been increased by token 15 paise per unit. For the agriculture sector the price increase is 15 paise per unit. There is no change in commercial tariff.

It may be mentioned that domestic consumers are getting free 300 units per month.

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