Expected to provide Rs 354.82 crore relief to as many as 69 lakh domestic power consumers, Punjab power regulator on Monday announced 25-50 paise per unit reduction in the electricity rates.
Announcing the new tariff order for 2020-21 on Monday, to be applicable from June 1, 2020, till March 31, 2021, the Punjab State Electricity Regulatory Commission (PSERC) maintained status quo on the power rates for the industrial sector by neither increasing nor reducing the power tariff for the small traders or the Micro, Small, and Medium Enterprises
(MSMEs).
“No increase in tariff for small shopkeepers (non residential supply consumers having load up to seven kW). No increase in the fixed part of the tariff for small, medium and large industrial consumers,” read the order.
