Electricity Tariff May Go Up
The electricity board has submitted new tariff plan to HP Electricity Regulatory Commission
The electricity tariff is likely to go up in Himachal Pradesh. Notably, HP Electricity Regulatory Commission last year avoided price hike in electricity tariff that increased the losses of the electricity board. However, to recover from losses, the board this time has handed over a new tariff plan to the commission, action on which is likely to be initiated soon. The new tariff plan will become effective from April onwards, but exercise for the same has begun.
The electricity board in its proposal given to regulatory commission has demanded to bring down its losses of Rs. 1318.50 crore. The board is suffering huge losses and that is the reason it has demanded to hike electricity tariff. But the last decision regarding hike in electricity tariffs rests with electricity regulatory commission. According to information, electricity regulatory commission has sought suggestions and objections from public by February 24 regarding electricity board’s proposal of hike in electricity tariff. Public can present their suggestions and objections in front of electricity regulatory commission.
The regulatory commission will also organise a public hearing regarding the same on March 5 in Shimla where everybody, domestic, industrial and commercial users can present their opinion. The regulatory commission will take a final call only after hearing all parties.
Subsidy On Domestic Consumption
Himachal Pradesh Electricity Regulatory Commission last year did not increase domestic and commercial electricity tariff. The electricity tariffs was hiked marginally for industrialists. However experts feel that this domestic electricity tariff could also witness a hike in the state. However the state government could provide relief here as it provides subsidy on domestic electricity consumption.