Power consumers may need to take a hike
Power consumers may need to take a hike
BANGALORE: Just as electricity consumers in the state are dreading another power tariff hike, the state electricity regulatory com..

BANGALORE: Just as electricity consumers in the state are dreading another power tariff hike, the state electricity regulatory commission has started its preliminary examination of the ESCOMs' request for a tariff hike of 88 paise per unit.
Earlier last month, all ESCOMs citing cost escalation owing largely to the high cost power being bought by the state filed a tariff petition with the Karnataka Electricity Regulatory Commission (KERC) for the hike.Speaking to Express, KERC chairman M R Srinivasmurthy said, "The commission has started the preliminary examination of the tariff petition, which will be completed in a few days. In the process, the commission will examine what the ESCOMs have proposed and contemplate to what extent the demands are justified."

After a preliminary examination, the ESCOMs will have to publish the tariff review petition details in all newspapers. The citizens will then be given around four weeks to present their contentions and opinions on the matter, he said.

Commenting on the MYT process, Srinivasmurthy said, "It is an annual practise to examine the accounts of ESCOMs and it is a way to find how they can cover their revenue gap."

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