In a significant development for electricity consumers, the basic tariff for electricity has seen an unprecedented increase of 22 rupees and 53 paisas per unit over the past two years. This surge marks a historic high, adding substantial financial strain on households and businesses alike.
The increase isn’t limited to the basic tariff alone. A new permanent surcharge of 3 rupees and 23 paisas per unit has introduced, compounding the impact on consumers. When combined with the basic tariff hike, the total rise in electricity prices amounts to 25 rupees and 76 paisas per unit. This cumulative increase has imposed an additional financial burden exceeding 2,000 billion rupees on consumers over the two-year period.
Key Highlights:
- Basic Tariff Increase: From July to October 2022, the basic tariff saw a rise of 7 rupees and 91 paisas per unit. In July 2023, another increase of 7 rupees and 50 paisas per unit implemented.
- Permanent Surcharge: A permanent surcharge of 3.23 rupees per unit introduced in July 2023.
- Further Increase in July 2024: In July 2024, the basic tariff further increased by 7.12 rupees per unit, pushing the total tariff for domestic consumers to 48 rupees and 84 paisas per unit.
This escalation in electricity prices reflects ongoing changes in the energy sector and has been a subject of concern for many households. The substantial increase in costs underscores the need for consumers to adjust their energy usage and explore potential energy-saving measures.
For more updates on electricity tariffs and other related news, stay tuned.
