CG electricity rates: Electricity rates increased
Raipur raipur news. Chhattisgarh State Electricity Regulatory Commission has determined the annual revenue requirement and electricity rates for consumers for the financial year 2024-25. Adjusting the partial reimbursement of revenue deficit made by the state governance, the commission has approved an average increase of 8.35 percent in all consumer categories.
chhattisgarh news Chhattisgarh State Electricity Regulatory Commission Chairman Hemant Verma and member Pramod Kumar Gupta informed about the increase in electricity rates in a press conference. He said that after considering the revenue deficit and revenue surplus of the state’s power companies in the past years, the annual revenue requirement demanded by the power distribution company for the financial year 2024-25 has been approved as Rs 24594 crore instead of Rs 26037 crore. Similarly, 34091 million units have been approved by the distribution company instead of the estimated 33875 million units for the coming financial year. Similarly, instead of the estimated revenue deficit of Rs 4420 crore from the prevailing tariff on the estimated sale of electricity by the distribution company for the financial year 2024-25, Rs 2819 crore has been approved.
State governance The State Government has decided to reimburse Rs 1000 crore for the financial year 2024-25 to reduce the gross revenue deficit of the distribution company. As a result, the distribution company is estimated to have a revenue deficit of Rs 1819 crore from the prevailing rates in the financial year 2024-25. An average increase of 20.45 percent was estimated for reimbursement of revenue deficit from the analysis of the petition filed by the State Distribution Company, but partial reimbursement of revenue deficit made by the State Government and after consideration by the Commission, an average increase of 8.35 percent in all consumer categories has been approved.
