Monday, April 26, 2010

Electricity Price Hike in Punjab

    On 22nd April,2010, Chairman of Punjab State Electricity Regulatory Commission(PSERC) Mr. Jai Singh Gill announced revised tariffs plan for electricity for the year 2010-11.This is tragedy with the people of state that throughout year, they yet to receive non stop electricity, from almost more then decade now, but constantly, on an average after six months receive present from Government in the tune of price hike either through Punjab State electricity regulatory Commission (PSERC),or from Punjab Government through Budget or silently increase or add on cess, and confusing side of price hike is that price hike effective from past months, government or concerned department announced that it was effective from particular date but last time government declared they had roll back price hike, but in the bills it was present as an arrear and then department only responded that until and unless we will not get notification, customers have to pay the bills as per mentioned. Anyhow, this time overall price hike is 7.5 percent, revise tariffs of domestic, non residential and industrial categories are as follow –
Sr.No:SlabsExisting RatesMMC Rates Rs/KWNew ratesMMC New rates Rs/KW
Domestic Category
aupto 100 Units2.82 pa353.11 paLoads up to 100 KW Rs.38/KW, loads exceeding 100 KW Rs.34/KVA
b101 to 3004.28 pa354.52 paLoads up to 100 KW Rs.38/KW, loads exceeding 100 KW Rs.34/KVA
cabove 3004.52 pa354.78 paLoads up to 100 KW Rs.38/KW, loads exceeding 100 KW Rs.34/KVA
Non Residential Category
------4.91 pa1265.19paLoads up to 100 KW Rs.136/KW, loads exceeding 100 KW Rs.122/KVA
Industrial Category
1Small power3.92pa1044.14paI12KW
2Medium4.33pa1384.58pa148KW
3(i)Large(General Industry)4.33pa124/KVA4.58pa133/KVA
3(ii)Large(PIU)4.33pa326/KVA4.58pa351/KVA
3(iii)Large(Arc Furnace)4.33pa326/KVA4.58pa351/KVA
 
   This is first time, tariff rates announced since Punjab Government unbundled Punjab State Electricity Board(PSEB) on 15th April.2010 and two corporations by name Punjab State Power Corporation Ltd. (Powercom) to manage generation and distribution and another Punjab State Transmission Corporation Ltd. (Transco) to manage transmission functions, comes into existence, and effect of corporation is seen in the 2010-11, new electricity tariffs plan on to the categories of farmers and backward class of society, as farmers were getting free power from past some years now have to pay bills and backward classes which were getting 200 free units will get only 100 free units, result of this government will get 603 Crores rupees and 333 Crores rupees from both the categories respectively.

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