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Construction : Power Update | February 2016 | Source : Infrastructure Today

Chandigarh electricity dept proposes steep tariff hike

City residents should brace to shell out more for using electricity. The Chandigarh electricity department has proposed a hike of up to 40 per cent - in different slabs of both domestic and commercial categories - under the multi-year tariff system which will come into force from April 1.

The department is in the process of finalising the proposal, which will be submitted to Joint Electricity Regulatory Commission (JERC) for approval for control period of 2016-17, 17-18 and 18-19.

Under the existing system, the tariff revision is done annually by the commission. However, under MYT, the tariff will be fixed for a period of three years.

The previous tariff revision of tariff was done in 2012, which has led to a gap between revenue and expenditure, forcing the department to propose a steep hike now.

 
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