MPERC OK’s 0.63% hike in power tariff

| | Bhopal
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MPERC OK’s 0.63% hike in power tariff

Thursday, 01 July 2021 | Staff Reporter | Bhopal

Madhya Pradesh Electricity Regulatory Commission (MPERC) here on Tuesday issued orders for retail supply tariff. The electricity companies had demanded 6.23 per cent hike in the power tariff, but the MPERC agreed only on 0.63 per cent hike.

The DISCOMs have projected Annual Revenue Requirement (ARR) of Rs 44,814 Crore for FY 2021-22, with a revenue gap of Rs  2,629 crore at existing tariff and proposed to recover this gap through a tariff hike of 6.23% on existing tariffs.

The commission has determined ARR of Rs 42,402 crore for FY 2021-22, and allowed a revenue gap of Rs 264 core at existing tariff to be met by increasing the tariff by only 0.63%.

The applicability of domestictariff for LV-1 has been extended to Affordable Rental Housing Complex established under Pradhan Mantri Awas Yojana, and to Registered home stays under MP Homestay (Registration and Regulation) Scheme, 2010.

Tariff schedule LV5.4 (Agricultural and allied activities): Taking into account subsidy to be provided by the State Government for agriculture category, consumers having load up to 10 HP shall be billed at the rate of Rs 750 per HP per annum. The consumers above 10 HP shall be billed at the rate of Rs 1500 per HP per annum.

Tariff schedule HV8 (E-vehicle /E- Rickshawa Charging Stations): The tariff for HV E-vehicles/ E-rickshaw charging stations has been reduced (Fixed Charges reduced from Rs 120 / kVA to Rs 100 /kVA to encourage adoption of E-vehicles. Battery swapping stations are also included in this category.

The applicability of the HV-5 (Irrigation, Public Water Works and other then agricultural), tariff category has been extended to River Link projects implemented by Government or its agency for utilisation of power for purposes covered under this category only.

Requirement of tripartite agreement for HV-6 (Bulk Residential users), Tariff Category has been discontinued to give relief to residential consumers.

The HV-7 Tariff category which was so far applicable to the Generators who are already connected to the grid for the purpose of Synchronization is now extended to Generator/Co-generation plant from Renewable Sources for shutdown period of its plant or during other emergencies also.

It has been clarified that Power factor incentive/ surcharge shall be billed on the basis of energy actually consumed during the month.

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