Diwali joy: no electricity tariff hike, slabs unchanged in Uttar Pradesh – lucknow
In a big respite for consumers in Uttar Pradesh, UP’s state electricity regulator has rejected UP Power Corporation Limited’s (UPPCL) demand to increase the state’s energy tariff this fiscal year. This happens in the middle of the festival season and is sure to cheer up the people of Uttar Pradesh.
The UPPCL had submitted a proposal for slab changes in electricity rates to increase the price of electricity. But the proposal was rejected by the Commission in its order on Wednesday in which it said that there would be no increase in electricity rates; rejected the proposal of different energy distributors of marginal rate hike.
UPPCL reportedly secretly sent the proposal to the Electricity Regulatory Commission. The proposal was sent to 53 of 80 electric rate boards. The proposal consisted of creating three slabs for domestic urban use except BPL. Two slabs were proposed for the commercial industry, small and medium. A change in the electricity tariff slab can increase the electricity tariff between 3 and 4 percent. The price of electricity increases with the change of a block of electricity rates.
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The Consumers Council said the proposal to change the slab should only be considered when there is a 16 percent reduction in electricity rates. The council wrote in its resolution that the increase in electricity consumers in the order of tariffs from 2019-20 and in the company for 2017-18, around Rs 13337 crore is being spent in the electricity companies and this amount must be delivered to customers. . The amount has now increased by 13 percent to roughly Rs. 14 782 crore, which is given to consumers, and the electricity tariff will be reduced by about 25 percent.
(With contributions from the agency)