Advertisement

Attention Mumbaikars! Electricity rates might go up; BEST proposes 18% hike

The BEST has submitted a power tariff hike proposal to MERC for the financial year 2023-24

Attention Mumbaikars! Electricity rates might go up; BEST proposes 18% hike
SHARES

Mumbaikars who are suffering due to inflation are likely to get another blow soon. BEST has proposed an 18 percent increase in electricity tariff. Hence, the electricity bills of Mumbaikars are likely to increase from April. BEST has sent a proposal for the Mumbai Electricity Bill Increase to the Maharashtra Electricity Regulatory Commission (MERC). A decision is likely to be taken soon.

A few days ago, Adani Electricity and Tata Power had proposed a hike in electricity rates. In addition to that, BEST has also suggested a price hike. So, there are signs that Mumbaikars will have to bear the brunt of inflation even more. According to the proposal submitted by BEST to the State Electricity Regulatory Commission, there is relief for shops, offices and other commercial establishments. BEST has proposed a 6 percent tariff reduction for these electricity consumers.

Also Read: Net Zero Emissions: Mumbai Airport Introduces 45 Electric Vehicles

If the MERC accepts this proposal, Mumbaikars will have to face the inflated prices.In Mumbai city, electricity is supplied through BEST and Tata Power Company. And in Mumbai suburbs, electricity is supplied by Adani Power, Tata Power and in some areas by Mahavitran. Electricity is supplied to Bhandup, Mulund by Mahavitran. A hearing will be held before the Electricity Regulatory Commission after the proposal is submitted regarding the electricity tariff hike. After this hearing, the final tariff hike will be announced by the Electricity Regulatory Commission.


Also Read: New Metro Service Increases House Prices In Goregaon, Andheri

The BEST has submitted a power tariff hike proposal to MERC for the financial year 2023-24. The proposed electricity tariff hike of up to 18% is likely to increase the electricity bill of Mumbaikars by up to 18%. In this, BEST has proposed a price hike of up to 18% for domestic customers up to 100 units. While from 101 to 300 units, a price hike of 6% is proposed. 

RELATED TOPICS
MumbaiLive would like to send you latest news updates