The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has proposed a 30%-40% tariff hike for residential and commercial consumers, reports from Hindustan Times stated.
This means that consumers in the city are likely to pay more for electricity in the coming financial year.
A petition filed by MSEDCL before Maharashtra Electricity Regulatory Commission (MERC) to propose the hike for customers across the state from April 1 was made public recently.
Electricity consumers to pay more
At present, MSEDCL's residential consumers currently pay a fixed cost of ₹105 per month, which is proposed to be hiked by ₹13.
The company has also suggested increasing the wheeling charge (the fees paid to transport electricity from a power plant to end customers) for residential consumers from ₹1.25 per unit to ₹1.43 per unit.
President of the state electricity consumers’ organisation Pratap Hogade said the main reason behind the tariff hike is the increase in thermal power costs.
The MERC has invited objections and suggestions to through a public notice.