The Telangana State Electricity Regulatory Commission (TSERC) has approved a 14% increase in retail power supply tariffs for the fiscal year 2022-23, after a five-year gap. Domestic consumers would see a minor increase of 10 paise per unit to 50 paise per unit, while non-domestic users will see a Rs 1 per unit hike. The increased costs will take effect on April 1st.
Reason for Increase
Major cost elements such as electricity procurement and distribution costs, as well as transmission charges, all increased. TSERC approved a 14 percent rise in tariffs, whereas Telangana State Southern Distribution Company Limited (TSSPDCL) and Telangana State Northern Power Distribution Company Limited (TSNPDCL) recommended an 18 percent hike. After a five-year break, the state’s power tariff is being raised. However, for domestic consumers in the bracket of 1-50 units, the power charge is being modified after a gap of 19 years. However, power tariffs in the agriculture sector were not increased, and the commission also rejected discoms’ demand to raise EV charging rates.
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