Electricity tariff to come down as power regulator caps max price at Rs 12 per unit

TJ Sreejith

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Representative image | Photo: AP

Kochi: The electricity tariff is likely to come down after the Central Electricity Regulatory Commission sets the maximum power price limit for the electricity sold. The rate has been revised to Rs 12 per unit from Rs 20 a unit. Due to this decision, there has been fluctuations in the price in the last few weeks.

The tariff has come down to Rs 12 in just 12 days. However, this benefits can only be availed by the consumers when the electricity tariff is revised by the authorities.

Those commercial and industrial units that purchase power directly from power exchanges and those licensees under state governments bodies like KSEB will soon benefit from this. The decision will also lead to a decrease in tariff rates for domestic consumers.

March 25 saw the highest electricity tariff in 15 days. The minimum rate was Rs 15.28 per unit, and the maximum was Rs 20 per unit. Meantime, the average rate was around Rs 18.67. However, the prices steadily declined after the commission set a bar over the power tariff.

There are 55 registered companies in Kerala which purchase power directly from power exchanges. Of these, 45-46 are permanent consumers. These establishments use around 250 million units of electricity a year. Further, KSEB also buys from power exchanges when there is a shortage.

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