THE PUNJAB State Electricity Regulatory Commissioner (PSERC) on Friday slashed domestic power tariffs, ranging from 50 paise to Re 1 per unit.
It announced the fresh power tariffs for the year 2021-22 and attributed the slash in electricity rates to hardships being faced by citizens due to the Covid-19 pandemic.
This is the second year in a row that the power tariff for domestic consumption in the state has been reduced. Domestic power rates were cut down by 50 paise per unit by the regulator in 2020 too. The state is heading towards Assembly elections in less than a year.
