Karnataka Electricity Regulatory Commission approves reduction in tariff to consumers

Karnataka Electricity Regulatory Commission approves reduction in tariff to consumers. (iStock)

The Karnataka Electricity Regulatory Commission (KERC) on Wednesday, 28 February, said it has approved a “significant reduction” in tariff to commercial, industrial and domestic consumers, consuming above 100 units per month, effective from April one.

For LT (low tension) domestic lighting, energy charges have been reduced by 110 paise per unit and by 50 paise per unit for LT commercial installations, KERC said in a release.

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The decisions

• The High Tension (HT) commercial energy charges have been reduced by 125 paise per unit, and demand charges by ₹10 per kVA (kilovolt-ampere).
• HT industrial energy charges have been reduced by 50 paise per unit, and demand charges by ₹10 per kVA.
• For HT hospitals and educational institutions, energy charges have been reduced by 40 paise per unit, and demand charges by ₹10 per kVA.
• HT residential apartments demand charges have been reduced by ₹10 per kVA.
• For Low Tension (LT) private hospitals and educational institutions, energy charges have been reduced by 50 paise per unit.
• For LT industrial installations, energy charges have been reduced by 100 paise per unit.
• After scrutinising ESCOM’s applications, the Commission has approved a total Annual Revenue Requirement (ARR) of ₹64,944.54 crore, compared to the ₹69,474.75 crore sought by the ESCOMs in their Tariff Applications.

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