Power tariff hike in Kerala after 3 years

Kerala electricity board hikes power tariff after 3 years

Amid the price hike of essential items, people will face another setback. The government has decided to hike the electricity charges in the state. The state electricity regulatory commission will announce the revised tariff rate on Saturday. With the hike in charges, KSEB has been aiming to raise Rs 2,284 crore as revenue. KSEB had submitted a tariff plan seeking 18 per cent hike in the electricity charges for domestic consumers. KSEB demanded to hike the charges by an average amount of 92 paise per unit. It is examined that the power hike will increase KSEB’s revenue to Rs 2,852 cr in this financial year.

KSEB has proposed an average hike of 18.14 per cent in the electricity bill of domestic consumers.

KSEB has proposed an average hike of 18.14 per cent in the electricity bill of domestic consumers. As per this proposal, electricity charges for small-scale commercial consumers will be increased by 11.88 per cent, while power tariff for big industrial consumers will be hiked by 11.47 per cent. Hence, the electricity bill for small-scale commercial consumers will be increased from Rs.2.75 per unit to Rs 3.64 per unit. Electricity charges will be hiked from Rs 5.67 per unit to 6.86 per unit for big industrial consumers.

KSEB also demanded to increase the power tariff for Kochi metro from Rs 6.46 to Rs 7.18 per unit The last increase in electricity tariff was on July 8, 2019. Since then, the wholesale price index has risen by 19 per cent in the last three years, while electricity tariffs have increased by only 6.6 per cent,” the minister said in a statement.

deccannews

Leave a Reply

Your email address will not be published. Required fields are marked *