Odisha Announces Hike in Electricity Tariff
A 30 paise price hike per unit of power has been approved by the Odisha Electricity Regulatory Commission (OERC). An official statement confirmed that the overall retail supply tariff amount will see a 5.60% hike.
The electricity rate for the state is defined yearly by Odisha Electricity Regulatory Commission (OERC) for generation, transmission, supply and distribution services taking into account their economic viability and operational effectiveness.
Following are the key changes in the electricity tariff:
- The rate for BPL and Irrigation consumers will remain the same
- No variation has been made in Monthly Minimum Fixed Charge (MMEC), Demand Charge and Meter Rent
- There has been a minimum increase of 30 paise per kWh/kVAh in energy cost for all remaining categories of consumers. This adds up to a 5.60% rise in the extensive retail supply tariff
- The kVAh billing has been established for all HT and EHT customers
- Power factor penalty/incentive and reliability surcharge has been removed from the system
- 2% discount over and above normal rebate shall be deducted on the bill to the LT domestic and single-phase general-purpose section of consumers only who pay via digital means. This allowance shall be imposed on the current month bill if paid in whole
- 2% deduction shall be granted to all pre-paid consumers on the pre-paid amount
- Charging of electronic vehicles shall be prescribed as GP category
- The rural LT domestic consumers shall get 5 paise per unit discount in extension to the current prompt payment allowance who draw their power via the correct meter and repay the bill on time
- There is an increase of 3 paise per unit in transmission tariff inflating it from 25 paise per unit to 28 paise per unit
- The standard rate of OPHC has been decreased by 2.3% i.e. from 91.39 paise per unit to 89.28 paise per unit
- The average yearly BSP is updated to 296.29 paise per unit for FY 2021-22 as corresponding to 287.70 paise per unit in FY 2020-21
- GRIDCO likely to acquire 28791.96 MU power during FY 2021-22 and sell 27870 MU to DISCOMs and an emergency power supply of 60 MU to CGP
The average power purchase cost will be 278.06 paise per unit for FY 2021-22. The updated power charges will be applicable in the state from April 4, 2021.