AP electricity regulator okays power tariff hike for 2015-16
The Andhra Pradesh Electricity Regulatory Commission has approved a five per cent overall increase in power tariff for 2015-16, including for high tension industrial consumers, sparing the domestic consumers consuming less than 200 units per month.
Of the 1.55 lakh consumers across all categories, about 1.25 crore domestic consumers in the State consuming less than 200 units per month would not have any increase in tariff. About 6.62 lakh consumers who consume more than 200 units per month have to bear the addition tariff burden of 5 per cent.
Announcing the tariff proposal after an elaborate discussion held with various stakeholders, the APERC Chairman G Bhavani Prasad, said efforts have been made to limit the hike to five per cent next financial year, while the Discoms had come out with a proposal to hike it by 6 per cent.
The hike of five per cent is over the tariffs which are in vogue from 2013-14 as of now as there was no change in tariff during 2014-15, he explained. This is the first such tariff announced after the new state was formed post the bifurcation.