As per the revised charges fixed by State Electricity Regulatory Commission, which would be in force from tomorrow till March 31, 2014, the average increase for industrial consumers would be seven per cent.
However, domestic consumers using upto 40 units per month have been exempted from the current revision and they would continue to pay the existing rate of Rs.1.50 per unit, a commission release said here today.
About 25 lakh families would be benefited by this decision. Orphanages, destitute homes and agriculture sector have also been exempted from the hike.
Consumers who come under the slab of 41-80 units would have to pay Rs 2.20 per unit, those under 61-120 Rs three, 121-150 slab Rs 3.80, those under 151-200 have to pay Rs 5.30 and those using 200-300 units Rs.6.50 per unit.
An amount of Rs five will have to be paid per unit for 300-350 units. Those who consume between 351-400 will have to pay Rs. Six per unit and more than 500 units will have to pay Rs 7 per unit.
The Commission, after examining accounts and recommendations submitted by Kerala State Electric Board in support of its plea for tariff hike, took into account the Board's revenue deficit as Rs.1050 crore, while a total expenditure of Rs.9,546 crores and an income of Rs.8,496 crores.
The board had shown a revenue deficit of Rs.2,759 crore with a total expenditure of Rs.11,237 crores and a total income of Rs.8,478 crores.
Meanwhile, reacting to Commission decision, Chief Minister Oommen Chandy said the hike in the power tariff will not affect the ordinary people.
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