No tariff hike in UP again as discoms stay in surplus

For the sixth consecutive year, electricity consumers in Uttar Pradesh will see no increase in power tariff, with the Uttar Pradesh Electricity Regulatory Commission (UPERC) on Saturday retaining all existing rates for FY 2025-26 as distribution companies or discoms in the state have been found sitting on over ₹18,000 crore surplus revenue.

The decision comes as the Commission finalised the true-up for FY 2023-24, APR for FY 2024-25, and the ARR for FY 2025-26 of the state’s five discoms under the newly notified UPERC (Multi-Year Tariff for Distribution) Regulations, 2025.