Electricity Rates

Despite lower fuel costs, electricity prices for small industries have surged across major Indian states, threatening their viability and hampering their capacity to generate employment

Electricity rates are set to go up in Punjab with the power regulator PSERC announcing an increase in power tariff by 25 to 80 paise per unit for different categories of consumers. Opposition parties Congress and Shiromani Akali Dal slammed the move, saying it was the AAP government's "first gift" to people two days after it won the Jalandhar Lok Sabha bypoll. Punjab State Electricity Regulatory Commission Monday announced a new tariff order for 2023-24. The new tariff order will be applicable with effect from May 16. Shortly after the PSERC decision, Chief Minister Bhagwant Mann said that the revised tariff would not impact the common man as the increase would be borne by the government for free power to domestic category consumers and farmers. As domestic consumers get 300 units per month of free electricity, any increase in charges will be borne by the state government. Meanwhile, electricity consumers consuming over 300 units per month will have to bear the burden on account o

In BloombergNEF's baseline scenario, the Economic Transition Scenario, power consumption grows by about two-thirds between 2020 and 2050

Europe has accused Russia of weaponising energy supplies in what Moscow has called an 'economic war' with the West over the fallout from the Ukraine conflict

The world's electricity demand growth is slowing sharply from its strong recovery the previous year as economic growth weakens and energy prices soar following Russia's invasion of Ukraine

Peak power shortage rose swiftly this week from single digit of 5.24 GW on Monday to touch double digit of 10.77 GW on Thursday showing affects of various factors like low coal stocks.

The scheduled castes, backward castes, below-poverty-line households and freedom fighters will be charged just for the usage over and above 600 units in two months

Power consumption in the country grew by around 19 per cent in the first fortnight of May showing recovery in industrial and commercial demand of electricity, according to the power ministry data.

According to DERC, the reduction is for electricity bill pertaining to consumption related to April 2020 and May 2020

For the domestic category, the energy charges or the per unit electricity charge is in the range of Rs 3-Rs 8 per unit for consumption slabs of 0-200 units to up till 1200 units

The Delhi government also said it has approved "extension of existing electricity subsidy to domestic and agriculture, special subsidy to 1984 Sikh riots victims

In the domestic segment, the reduction has been close to 25 per cent across all slabs with lowest rate being Rs 3 per unit now