Odisha Electricity Regulatory Commission favours cost-plus tariff, consumers stare at fat bills

BHUBANESWAR: As the Odisha Electricity Regulatory Commission (OERC) seems in favour of a cost-plus tariff, power consumers of the State will have to pay more for every unit consumed from the next financial year beginning April 1.

Discussions of the State Advisory Committee of the regulator indicate that determination of marginal cost-based electricity tariff is the need of the hour to tide over the financial crisis faced by Grid Corporation of Odisha Ltd (Gridco), the bulk power supplier to the State.