Tata’s high-end users may pay 20% less for power

MUMBAI: Tata Power Company has filed a mid-term review petition earlier than the electrical energy regulator, proposing to scale back tariff for high-end consumers through as much as 20% and increasing rates for low-end residential customers through 7%.

For the first time, the application company has proposed a new category for ‘electrical vehicle’ (EV) charging instead of clubbing it below adifferent category. “The price for EV charging stations has been saved less than the fees for industrial and commercial category. This will encourage more other people to modify to environment-friendly electrical vehicles and bikes,” said an energy division source.


Tata’s petition indicated that the particular tariff will probably be Rs 5.16—which incorporates basic energy charge of just Rs 3 per unit— appropriate for those short of to power battery operated vehicles /two-wheelers in Mumbai. Asingle full charge of battery can run a automotive for as long as 120 km and the fee may come to 60-70 paise per km, resources said.


The Maharashtra Electricity Regulatory Commission (MERC) petition indicated that the tariff for low-end residential customers, specially in the 101-300 gadgets intake category will pass up through 44 paise per unit, from the prevailing Rs 6.44 per unit to Rs 6.88 per unit (7% build up). This price will include the wheeling charges and the regulatory asset charge (RAC). The RAC is a charge for previous recoveries of Tata Power, which could no longer be recovered for the reason that authorized tariff was no longer enough to get well the costs incurred.


If one goes through the break up of the fees that each one residential customers pays, the basic energy charge has no longer been hiked in any respect. In truth, the proposed energy charge element has dropped through a median 5.5%, however there's a corresponding build up of 19% in wheeling charges and some other build up in the RAC, which consumers will have to pay in their expenses.


The petition, which has been made public, discussed: “Objections and feedback can be despatched to MERC at World Trade Centre through July 30.” Hearings will happen once you have feedback. The ultimate tariff order is prone to arise through September-end.
Tata’s high-end users may pay 20% less for power Tata’s high-end users may pay 20% less for power Reviewed by Kailash on July 07, 2018 Rating: 5
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