VIA welcomes power tariff for next 5-year
   Date :31-Mar-2020

Maharashtra Electricity R
 
 
Business Bureau :
 
Expressing satisfaction over the new power tariff for next five years starting from April 1, VIA on Monday said that the Maharashtra Electricity Regulatory Commission (MERC) has issued a very good and balanced tariff order in which all the suggestions of the association were incorporated. “As against additional requirement of Rs 60,313 crore projected in petition of MSEDCL which was almost 13% increase in total ARR (Annual Revenue Requirement), the commission has determined negative i.e. minus Rs 22,242 crore which ultimately resulted in reduction of tariff to the tune of 5 per cent reduction in residential category, 12 per cent reduction in commercial category, and 10 per cent reduction in LT and EHV industries,” said VIA in a statement. The grid support charges for roof top solar are zero.
 
VIA has calculated and submitted for negative grid support charges and suggested for banking charges for exported energy against MSEDCL proposal of Rs 3 to Rs 4.5 per unit. MERC has decided zero grid support charges and banking charges in kind 7.5 per cent for HT industries and 12 per cent for LT industries for banked energy. The commission has accepted VIA proposal for bringing stability in FAC charges and has created a fund for FAC based on 3 per cent rise in fuel cost annually. This move shall stabilize the FAC charges. Vidarbha and Marathwada incentives are based on consumer’s efficiency depending on power factor (PF), load factor (LF) and prompt payment discount consumers are availing, but because of KVAH billing for HT consumer power factor rebate shall not be provided.