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Home News Power Sector News MSEDCL tariff costliest for home users after hike

MSEDCL tariff costliest for home users after hike

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Tata PowerThe Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has earned the tag of having the most expensive tariff for residential users in the Mumbai region.On Thursday, the Maharashtra Electricity Regulatory Commission (MERC) announced a 9-10% hike in residential tariff for the current fiscal year (2016-17) with effect from November 1. However, the increase is negligible (less than 1%) for the next 3 fiscal years till 2020.MSEDCL supplies electricity to Bhandup-Mulund, Thane, Navi Mumbai, Kalyan and some parts of the state. If the revised tariff is compared to that of power utility firms like Reliance Energy, Tata Power Company (TPC) and BEST in Mumbai, the state's discom commands the highest rates for 0-100 units, 101-300 units and 300+ units residential consumption categories.

TPC continues to be the cheapest among low-end home users (101-300 units), who were instrumental in the biggest migration from Reliance Energy to TPC some years ago. The tariff for 0-100 units consumption for TPC is Rs 2.9 per unit and for 101-300 units is Rs 5.17 per unit and these are the lowest rates among all discoms.BEST, which supplies electricity to 10.5 lakh consumers in the island city, can boast of having the cheapest tariff for high-end residential users as compared to others. This could help prevent migration of customers—specially in the Colaba-Cuffe Parade, Malabar Hill, Nepean Sea Road, Pedder Road, Worli, Mahalaxmi, Lower Parel and other areas—to rival firms such as TPC, which is making inroads into the island city, said experts.

Source- TOI


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