Electricity to be costlier in state from now on

Bengaluru: The state’s Electricity Regulatory Commission on Thursday informed that the electricity will be costlier in the state from now on as tariffs in Karnataka have been hiked by an average of 33 paise.

As per the sources, the new tariff is said to have a retrospective effect from April 2019. Electricity supply companies had sought a hike of Rs 1 to Rs 1.67 per unit from the Commission.

KERC Chairperson Shambhu Dayal Meena informed that the hike was necessitated due to increased power purchase costs as well as operations and finance costs.

For urban areas under BESCOM jurisdiction, the average hike works out to around 25 paise per unit. Users will pay Rs 3.75 per unit up to 30 units of electricity and Rs 5.20 per unit between 31 and 100 units of power with increased tariffs for more than 100 units as well, informed sources.