Karnataka Electricity Regulatory Commission announces 8 per cent hike in power tariff

11 Apr 2017 5:11 PM | General

172 Report

Karnataka Electricity Regulatory Commission announces 8 per cent hike in power tariff

Bengaluru: The Karnataka Electricity Regulatory Commission (KERC) on Tuesday announced a hike of average 8 per cent in electricity tariff for 2017-18. The Electricity Supply Companies (Escoms) had sought an increase of 25 per cent i.e., a hike of 1.48 per unit this time.

The average tariff increase is now 53 paise per unit ranging from 20 paise to 55 paise per unit for all categories. In the case of Bescom areas, three additional slabs have been introduced. "The electricity tariff hike is from April 1, 2017.

The delay in hiking the tariff is due to late submission by Bengaluru Electricity Supply Company (Bescom) seeking permission for hiking electricity tariff. The Bescom has submitted the proposal on March 31 instead of March 24. So, the delay in announcing the electricity tariff hike,'' M K Shankaralinge Gowda, Chairman, KERC, told reporters here.