Mumbai, March 29
Around 3.16 crore consumers of the state public distribution company Maharashtra State Electricity Distribution Company Limited (MSEDCL) or (Mahavitaran) will have to shell out less towards the power tariff from 2025-26 to 2029-30.
The power regulator Maharashtra Electricity Regulatory Commission (MERC) in its order released late Friday night has approved tariff reduction of 10 per cent in FY 2025-26 and cumulative reduction of 16 per cent by FY 2029-30 vis-a-vis existing tariff (including Fuel Adjustment Cost), as against Mahavitaran's claim for 0 per cent revision in FY 2025-26 and reduction of 3.6 per cent by FY 2029-30.
This was done with a projected revenue surplus of Rs 44,481 crore and the corresponding reduction in the overall average cost of supply.
The MERC issued its order on the Mahavitaran's multi-year tariff petition. The revised tariffs will be effective from April 1.
Overall reduction in tariffs for all residential consumers across the slabs is in the range of 10-12 per cent.
The reduction in tariff for residential consumers with a consumption slab (1-100 units) would be around 24 per cent by FY 2029-30.
Further, the MERC has enabled time of day (ToD) rebate of Rs 0.80 to 1.00/kWh for residential consumers for consumption during Solar Hours (9 am to 5 p.m). MERC has approved the revenue surplus of Rs 44,480 crore as against Mahavitaran's projections of a revenue gap of Rs 48,066 crore.