India

Power Rates For Domestic and Industry Consumer Got Increased In Punjab

Punjab increased the power tariff by 11 paisa per unit for domestic users and by 15 paisa per unit for industrial users on Friday. The new rates will be effective from June 16 to March 31, 2025.

This hike will not affect most domestic consumers since the government provides 300 units of free power per consumer, and the agricultural sector also receives free power.

The Punjab State Electricity Regulatory Commission stated that from April 1 to June 15, the tariff will follow the 2023-24 tariff order.

The commission has decided to implement the kVAh tariff and contract demand system for domestic users with loads over 20 kW starting January 1, 2025.

The special night tariff with 50% fixed charges for industrial consumers using electricity exclusively from 10 p.m. to 6 a.m. will continue. This year’s variable energy charge is set at Rs 5.31 per kVAh.

Along with this industrial consumers can continue to use electricity at normal tariff during the extended hours from 6 a.m. to 10 a.m.

Previously, the Punjab State Power Corporation Ltd (PSPCL) submitted a petition seeking an aggregate revenue requirement of Rs 53,360.48 crore due to a projected revenue deficit of Rs 5,419.82 crore up to 2024-25. In 2022-23, there was a deficit of Rs 6,977.98 crore and a surplus of Rs 1,558.16 crore projected for 2024-25.

Also Read: Key evidence In Sheena Bora’s Murder Case Go Missing, CBI Informs Mumbai Court

Richa Kaushik

Recent Posts

PM Modi Honors Dr Kasturirangan’s Visionary Contributions To ISRO & Education

In the 121st episode of Mann Ki Baat, PM Modi honoured Dr Kasturirangan for his…

60 mins ago

PM Modi Condemns Pahalgam Terror Attack In Mann Ki Baat; Vows Harshest Response

PM Modi reaffirmed that justice would be served and emphasised national unity in the fight…

2 hours ago

Eze and Sarr Fire Crystal Palace Into First FA Cup Final in Nine Years

Crystal Palace stormed into their first FA Cup Final in nearly a decade with an…

3 hours ago

Adani Group Powers Ahead With Ganga Expressway Project

The Adani Group is working tirelessly to bring to life the Ganga Expressway, set to…

3 hours ago

South Korean Firms Face Strategic Uncertainty Amid Trump’s Shifting Trade Policies

US President Donald Trump has unleashed a wave of executive orders and tariffs designed to…

3 hours ago

Major Blaze Erupts At Enforcement Directorate Office In South Mumbai

A major fire broke out in the early hours of Sunday at the Enforcement Directorate…

4 hours ago