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UP power regulator gives consumers a shock with 8-15% tariff hike

UPERC says tariff hike was imperative due to increase in expenditure concurrent with decrease in revenue of the state power discoms

The new plan has been put in place after the company's disclosure last week which said its liabilities, advances and net worth are understated
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Virendra Singh Rawat Lucknow
Uttar Pradesh's power sector watchdog today approved 8-15 per cent tariff hike for different categories of rural and urban consumers.

Interestingly, the power tariffs had remained unchanged during 2018-19 in run up to the Lok Sabha elections.

Against the prevailing power tariff of Rs 4.90 per unit for the first 150 units of monthly domestic consumption, UP Electricity Regulatory Commission (UPERC) has increased the slab by nearly 12 per cent to Rs 5.50 per unit.

Likewise, the variable slab for power consumption between 151-300 units, 301-500 units and 500 units upwards have been proposed to be increased to Rs 6 per unit from

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