Maharashtra : Electricity Bill To Hike Upto 10-20% From This Month

The Adani Electricity spokesperson said, “With increased supply from our 700MW hybrid renewable energy power purchase agreement since August. Mumbai: Monthly electricity bills will rise by up to 20% from this month as power utility firms will impose Fuel Adjustment Charges (FAC) as approved by the Maharashtra Electricity Regulatory Commission…

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July 9, 2022

National

2 min

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The Adani Electricity spokesperson said, “With increased supply from our 700MW hybrid renewable energy power purchase agreement since August.

Mumbai: Monthly electricity bills will rise by up to 20% from this month as power utility firms will impose Fuel Adjustment Charges (FAC) as approved by the Maharashtra Electricity Regulatory Commission (MERC).

The minimum hike could be 10% and the maximum 20% across all consumer categories. FAC is based on the varying price of fuel or coal/gas. It was not billed to consumers for the past two years during the pandemic.

FAC is calculated for March, April, and May and will be collected in 5 months till November. first FAC will be reflected in July bills.

20 paise to 60 paise has been increased for a unit of power. An average of 300 to 350 units of electricity is being consumed in a house with three rooms and electrical equipment, except AC. With the renewed cost, at least Rs 1,900 may be the bill for consuming 350 units of electricity.

Official’s  justification :

MERC sources said the 10-20% increase in power tariffs is as per the regulatory commission allowing power firms to apply for quarterly FAC in electricity bills. It had given the option to BEST, Tata Power, Adani Electricity, and MSEDCL to apply for levying FAC for every quarter.

The Adani Electricity spokesperson said, “With increased supply from our 700MW hybrid renewable energy power purchase agreement since August, our dependence on the short-term electricity market has reduced. We are taking additional measures to further reduce the cost of power supply, thereby our consumers can expect lower FAC in coming months.”

However, consumers are upset as April was a relief for them.

The post appeared first on HW News English.

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