Punjab power regulator unveils new tariffs, no hike for domestic consumers

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Punjab power regulator unveils new tariffs, no hike for domestic consumers - Business Standard

Quick Summary:

The Punjab State Electricity Regulatory Commission determined the revenue surplus of Rs 311.50 crore after the requisite detailed prudence check even as power utility Punjab State Power Corporation Limited had submitted that it has a revenue deficit of Rs 5,090.89 crore and had requested an increase of tariff accordingly.

An official release said in the case of domestic supply and non-residential supply consumers, the three-slab system in the electricity tariff has been converted into the two-slab system without any extra financial load on consumers.

Punjab power regulator PSERC on Friday announced a new tariff order for 2025-26 with no hike in electricity charges for domestic consumers.