PLEC charges for industries slashed in Haryana

Image
Press Trust of India Chandigarh
Last Updated : May 31 2014 | 8:16 PM IST

Don't want to miss the best from Business Standard?

Haryana power distribution utilities today said the power regulator HERC has slashed peak load exemption charges (PLEC) for industries, which will offset power tariff increase announced for 2014-15.
Referring to the tariff increase in industrial sector, the spokesman of power utilities said Haryana Electricity Regulatory Commission (HERC) has ordered reduction in PLEC for industries.
PLEC has been slashed from highest rate of Rs 3.80 per unit to Rs 1 per unit (for consumption up to 50 per cent of contract demand) and to Rs 1.50 per unit for consumption above 50 per cent of contract demand.
The relief of about Rs 2.80 per unit in PLEC, which are for 3.50 hours duration everyday is equivalent to about 41 paise per unit across 24 hours. This almost entirely offsets the minor tariff increase of 50 paise ordered for industrial consumers.
Barring domestic category, HERC yesterday announced raising power tariff for non-domestic (more than 20 KW load) and industrial consumers by 50 paise per unit for 2014-15.
The spokesman said there will be no impact of power tariff hike on domestic, tubewell and small non domestic consumers in the state as per the order of HERC.
He said there is also no tariff hike for non domestic supply to consumers up to 20 KW load. There are only 6,000 non domestic consumers having more than 20 KW load in the state.
Therefore, most of the small shopkeepers/businessmen will not be affected by the tariff increase, he said.
Out of the total 50 lakh power consumers, more than 48 lakh consumers have not been affected with this "small tariff" increase, he said.
He further stated that the tariff increase (including FSA) which was ordered with effect from April 01, 2013 had already been rolled back with effect from January, 2014 onwards (for consumers up to 500 units per month).
The rolled-back tariff which was applicable in March 2013 has now been retained for this year. This would mean for consumers up to 500 units per month, the tariff (including FSA) which was applicable in the financial year 2012 - 2013 will now be applicable in financial year 2014-15.
The agriculture tariff was reduced from 25 paise to 10 paise per unit from January 2014 and the same has been retained for 2014-15 also, he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 31 2014 | 8:16 PM IST

Next Story