The Maharashtra Electricity Regulatory Commission (MERC) has reviewed its tariff order and allowed power factor incentive for industries. This has provided much-needed relief to them.
The commission has asked Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to refund excess charges collected from industries from September 1, 2018 — when the new tariff order came into force. However, MERC has imposed a condition on refund. They will get it only if they maintain power factor between 0.95 to 1 (lag or lead).
Addressing a press conference, Vishwas Pathak, director of MSEB Holding Company, said refund will be applicable only to those consumers who had maintained a healthy power factor from September 1. “We have granted time to industries to correct their power factor by March 31, 2019,” he added. Read More