After a 2-year freeze, power tariffs in UP set to go up

Consumers in Uttar Pradesh may see electricity tariffs going up by a weighted average of around 8% in the next financial year. There has been no increase in electricity tariffs in the state for the past couple of years even though input costs surged.

The state’s five power distribution companies (discoms) filed their annual revenue requirement (ARR) proposal of Rs 85,500 crore for FY23 with the state electricity regulator last week.