Power Bill Hike In Mumbai: The people of the country’s financial capital Mumbai have got a big shock of inflation today because the electricity prices have increased here. Electricity prices in Mumbai have increased by 5 to 10 percent from April 1, 2023. In this way, before the arrival of summer, Mumbaikars will have to face the concerns of increased electricity bill on running AC-cooler-fan.
Since when did the increased prices come into effect?
Today, from the beginning of the new financial year i.e. April 1, 2023, power consumption in Mumbai means the use of electricity has started getting expensive. For residential consumers of Mumbai, power companies have increased the power tariff by 5 to 10 percent.
What is the statement of MERC
The Maharashtra Electricity Regulatory Commission has announced that from today the electricity rates in Mumbai are being increased by 5 to 10 percent. This decision has come into effect immediately.
Which power companies’ electricity has become expensive?
Customers of Tata Power, BEST, Adani Electricity and MSEDCL will have to be ready for increased electricity bills from today. These rates have been fixed for the financial year 2023-24 and the financial year 2024-25.
Why did the companies recommend to increase the price
In fact, the power companies had proposed to increase the electricity tariff long back. The reason behind this was told that the power companies need to increase their electricity rates to cover the increased burden of fuel adjustment charge and the losses incurred during the Corona period.
Know where and how much the rates have increased
Know the Customer of MSEDCL
MSEDCL’s customers may have to pay 6 percent more for electricity in the years 2023-24 and 2024-35.
For BEST customers
For BEST customers, there may be an increase in electricity rates by 6.19 percent in 2023-24 and 6.7 percent in the year 2024-25.
How expensive is electricity for the consumers of Adani Electricity?
For Adani Electricity residential consumers, rates have been increased by 5 percent in FY 2023-24 and 2 percent in FY 2024-25.
How expensive is Tata Power’s electricity?
For Tata Power consumers year 2023An increase of 10 percent can be seen in -24 and 21 percent in the year 2024-25. This company provides electricity at the cheapest rates for bills up to 0-100 units.
Know MERC Rates
For the customers of MERC coming under the State Electricity Board in Mumbai, the charging tariff of electric vehicle will be Rs 7.25 per unit.
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