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OERC slashes power tariff

PTI
Updated: February 14th, 2024, 08:53 IST
in Business, Metro
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Bhubaneswar: The Odisha Electricity Regulatory Commission (OERC) Tuesday issued an order reducing the power tariff for domestic consumers by 10 paise in each slab for the 2024-25 financial year. The existing tariff for domestic consumers is Rs 3 per unit for the first 50 units, Rs 4.80 per unit for consumption between 50 and 200 units, Rs 5.80 from 200 to 400 units, and Rs 6.20 above 400 units. These prices will be reduced by 10 paise per unit from April 1 this year, said an official of the OERC. The retail power supply tariff of all other categories has not been revised. The tariff of those categories has remained constant for three years, said OERC secretary Priyabrata Patnaik. The fixed monthly charge for BPL consumers has been reduced from Rs 80 to Rs 70 per month while consumers who opt for e-bill will get a rebate of Rs 10 per bill, he said. Patnaik said the premium of the green energy tariff has also been reduced from 25 paise per unit to 20 paise per unit.

Similarly, the EV charging tariff has been reduced from Rs 5.50 per unit to Rs 5 per unit. Consumers with prepaid meters will get 4 percent rebate on the pre-paid amounts and the low transmission (LT) domestic and single-phase general-purpose consumers will continue to get 4 percent digital payment rebate, Patnaik said. The cold storage tariff had been reduced by Rs 1.60 per unit from Rs 4.60 per unit to Rs 3 per unit. The mega lift point consumers will also get a rebate of Rs 2 per unit and their revised tariff will be RS 3.80 per unit and no demand charge will be levied.

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