- Power regulatory commission preparing new tariffs
- To meet the revenue gap of Rs. 5096 crore UPPCL to increase the tariff
Richeek Mishra
Agra. The summer of 2008 will be doubly hot for Agraites. Apart from the heat wave, the electricity bills too will make them sweat even more. So be ready for the hiked electricity bills from this April as Uttar Pradesh Electricity Regulatory Commission (UPERC) officials are busy preparing the new tariff rates. This time commission is all set to prepare the tariff for two consecutive financial years viz. 2007-08 and 2008-09.
According to the power corporation sources, commission is working hard to complete all the paper-work by March end. Uttar Pradesh Power Corporation Limited (UPPCL) and its four distribution companies have proposed the Aggregated Revenue Requirement (ARR) and tariff filings for the financial year 2007-08. However, only ARR has been filed for the financial year 2008-09.
Talking to DLAam, Dakshinanchal Vidyut Vitaran Nigam Limited (DVVNL) Managing Director Kripal Singh said that considering the ARR, tariff and losses there may be the possibility of hiked tariff for urban domestic, commercial, industrial and other category consumers. He further said that till now he cannot say that how much amount will be increased but department is sure of the increased tariff in new financial year. The proposal for financial year 2007-08 submitted by UPPCL before the commission has an average hike of 13 percent. While the corporation has not yet submitted any tariff plan for the financial year 2008-09. However, to meet the revenue gap of Rs. 5096 crore, corporation is likely to further revise the tariff filings in the next financial year.
It is worth mentioning that UPPCL has increased the tariff by adding Rs. 10 per month in fixed and demand charge, after the commission has issued an interim order in October-07. This interim order was implemented to all the categories, except urban-domestic and rural-consumers.
Tariff will increase
Agra. The number of consumers, energy demand and the total connected load is likely to increase still the power tariff in the entire state is to be revised upwards. According to the UPPCL proposal the number of consumers will increase by 6,94,993 from financial year 2007-08 to 2008-09. Similarly, connected load will also increase by 4088 MW and the cost of power-purchase will also increase by Rs. 720 crore.
