Of the total 1.45 crore domestic consumers in Andhra Pradesh, about 1.35 lakh consumers have been spared from power tariff hike for next fiscal beginning April 1, 2020.
Approving the retail supply tariff Order for FY 2020-2021, the Andhra Pradesh Electricity Regulatory CommissionChairman CV Nagrjuna Reddy has approved power tariff hike to only 1.35 lakh consumers, who consume more than 500 units per month, from ₹9.05 per unit to ₹9.95 per unit. The rest, 1,43 crore consumers have no change in the tariff.
In its order today, the regulator outlined both the distribution licensees, APSPDCL and APEPDCL, through their Annual Revenue Receipts and financial projections, have projected a deficit of ₹14,349.07 crore at current tariffs and a deficit of ₹12,954.11 crore with the proposals of tariff hike to certain categories of consumers and to RESCOs.
