New Delhi: People in the city will have to
shell out more for electricity with power regulator DERC effecting a five per cent hike in tariff to adjust the power purchase cost of the distribution companies.
The hike will come into effect from February one for a
period of next three months following which DERC is likely to
review the increase based on cost of buying power by the
distribution companies.
"We have effected a five per cent Fuel Price Adjustment
(FPA) surcharge per unit of power for a period of three
months," DERC Secretary Jayashree Raghuraman said.
The hike comes five months after DERC hiked the tariff by
22 per cent for all categories of consumers.
Power distribution companies NDPL, BRPL and BYPL had
sought an increase in tariff by 9.12 per cent, 10.75 per cent
and 12.43 per cent respectively citing increase in power
purchase cost due to hike in fuel prices like coal and natural
gas.
Power department officials said power generation
companies usually pass on the hike in fuel cost to its buyers
which results in increase in power purchase cost.
The hike will be applicable on energy consumption and not
on fixed charges.
PTI
First Published: Thursday, February 02, 2012, 22:03