Get ready to spend more on electricity bills. Just after the assembly elections, the Karnataka Electricity Regulatory Commission (KERC) is set to announce tariff hike on Monday, with retrospective effect.
Usually, the hike is announced in the last week of March every year and the hike comes to effect from April
1. But as the poll code of conduct was in place, the commission had to wait till the elections were over. For citizens, there will be no respite as the hike will have retrospective effect. This means the electricity bill that will be generated after May 14 will include the tariff hike, calculated from April. Read More