In a relief to about 40 lakh power consumers, the Andhra Pradesh Electricity Regulatory Commission (APERC) on Friday announced that there will be no hike in electricity tariff for the ensuing financial year 2019-20.
It has provided a minor financial relief to the consumers by rounding off the charges to the nearest five paise or 10 paise. This will benefit all categories of consumers. The state has 39.42 lakh power consumers.
“There is no direct or indirect hike in energy or demand charges or any other charges contributing to tariff or non-tariff income to any category of consumers except railway traction,” said APERC chairman Justice G Bhavani Prasad.
The APERC on Friday released the Retail Supply Tariff Order for 2019-20. He said the peak-time Time of Day (TOD) charges for industry have been reduced from Rs 1.05 per unit to Rs 1 per unit. Read More