The Uttar Pradesh Regulatory Fee (UPERC), which may problem the power tariff order for the year 2023-24 by the weekend after a chronic train, is unlikely to make any tariff revision regardless of discoms’ demand, individuals within the know of issues mentioned.
“There may be no power tariff hike for the fourth consecutive year in Uttar Pradesh,” they mentioned.
The UP Power Company Ltd (UPPCL) proposed a median 20% power tariff enhance to satisfy its expenditures through the present monetary year. However the fee is claimed to have seen no benefit within the demand for a tariff enhance.
The regulator has been insisting that discoms ought to enhance their revenue, enhance their effectivity by lowering line losses, and not via tariff will increase that unnecessarily burdened customers discouraging them to make use of electrical energy.
The UPERC is claimed to have ready the tariff order that has been signed by the chairman and the members. The regulator may problem the identical on Friday.
“Chairman RP Singh shall be leaving for Varanasi for two-three days on Friday within the afternoon to attend a Discussion board of Regulators’ assembly there and the member (authorized) is happening depart for two weeks from May 27. Therefore, the probabilities are that the tariff may be introduced on Friday within the forenoon,” they mentioned.
In 2022, the fee not solely made no tariff hike for the year but in addition sought to minimize burden on customers by eliminating the best tariff slabs in respect of all classes, together with city and rural home customers.
This year too, the fee may additional rationalise tariff, announce some incentive for promotion of inexperienced power, aside from taking some powerful stand on the unmetered and unaccounted for power provide being utilized by state’s power workers and pensioners, in violation of the fee’s earlier directives.