Power bills for consumers in Maharashtra are likely to go up as the Maharashtra Electricity Regulatory Commission’s (MERC) hike for power distributors came into effect on April 1.
The Maharashtra State Electricity Distribution Company Limited (MSEDCL), which supplies power to over 2.5 crore residential, commercial, and industrial consumers will increase the electricity tariff by 6% for every unit. This hike comes after the discom raised the per-unit cost of electricity by 3% in September 2018. The MSEDCL is running into losses and the hike is necessitated to recover the losses and to meet the excess power demand.
Tata Power and Adani Electricity Mumbai Ltd (AEML) — which cater to Mumbai consumers only — increased the tariff by 2% and 1% respectively on April 1.
