Power consumers in Punjab will have to shell out more for electricity as the State Electricity Regulatory Commission has announced an average tariff hike of 2.14 per cent across categories for 2019-20.
Besides, the state power regulator also raised fixed charge for the domestic category of consumers by Rs 10 per kW, according to the new power tariff.
In the tariff order, the Punjab State Electricity Regulatory Commission has assessed the net aggregate revenue requirement of the state-owned Punjab state power corporation at Rs 32,327.25 crore, including Rs 1,329 crore for Punjab state transmission corporation for 2019-20.
“With expected revenue of Rs 31,762.63 crore at existing tariff, the consolidated gap (deficit) works out to be Rs 564.62 crore,” the order said.
