Thursday, 3 July 2014

Power tariff up by 1 paisa per unit

A Fuel Adjustment Cost (FAC) of one paisa per unit will now be added to your electricity bill. 

The tariff increase will happen in areas where Bescom supplies power like Bangalore city, Bangalore Rural, Davanagere, Tumkur , Chitradurga, Kolar, Ramanagaram and Chikkaballapur districts. It is applicable across all sections of consumers. This will be reflected in the billing cycle of July, August and September. The FAC will come up for revision during the post-September quarter. 

KERC notified that as per FAC regulations of March 2013, Escoms are allowed to claim changes in variable cost of power purchase over and above the approved tariff on a quarterly basis, and this happens mostly due to fuel price hike. This helps the companies recover the extra expenditure incurred towards fuel costs.
Source: Times of India

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