DERC hikes tariff by 5 per cent, waives fuel surcharge

 

New Delhi.   Power tariff for domestic consumers was today hiked by five per cent by Delhi’s power regulator DERC but it waived the fuel surcharge, which will mean the hike will be marginal for residents except those in NDMC areas.

 

 

 

Electricity rates in posh NDMC areas will go up by four per cent, while the increase will be 0.5 per cent for BSES consumers and two per cent for those getting power from TPDDL, according to DERC chairman P D Sudhakar

 

 

 

Announcing the new tariff structure for 2013-14 at a press conference, Sudhakar said the Commission has decided the hike the tariff by 5 per cent for domestic consumers to help the power distribution companies meet their financial constraints. The new rates will come into effect from August 1. We have decided to hike the tariff by five per cent with effect from August 1. As we have decided not to charge the power purchase adjustment cost, the effective hike will be 4 per cent for consumers in NDMC areas, 0.5 per cent for BSES consumers and 2 per cent for Tata Power Delhi Distribution Ltd consumers,” he said.As per the new rates, a domestic consumer will be charged Rs. 3.90 per unit for first 200 units of power instead of current Rs 3.70.