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Now, Shell Out More for Power

Power tariffs across the state will increase by 1-2 paise per unit as the (KERC) approved Fuel Cost Adjustment Charges to the tune of Rs 15.80 crore for all electricity supply companies in Karnataka.

Published: 25th June 2014 07:39 AM  |   Last Updated: 25th June 2014 07:57 AM   |  A+A-

Electricity

BANGALORE: Power tariffs across the state will increase by 1-2 paise per unit as the Karnataka Electricity Regulatory Commission (KERC) on Tuesday approved Fuel Cost Adjustment Charges (FAC) to the tune of Rs 15.80 crore for all electricity supply companies (ESCOMS) in Karnataka.

The ESCOMS had, in a filing, asked for FAC charges of Rs 28.88 crore to be recovered from consumers between July-September.

FAC charges were permitted by the KERC last year and ESCOMS were permitted to claim changes in variable cost of power purchase on a quarterly basis.

The charges have to be claimed for the energy sold in the second succeeding quarter.

 It helps the ESCOMS recover additional expenses incurred due to increase in the cost of fuel for thermal power plants.

“During the last three quarters, KERC had not allowed any FAC to be claimed as the actual fuel cost incurred was lower than approved. This amount was adjusted against the overall power purchase cost which was more than approved,” a statement said.

BESCOM consumers will have to pay FAC of 1 paise/unit to recover `5.79 crore. MESCOM consumers too will pay 1 paise/unit to recover `1.88 crore.

HESCOM and Hukkeri consumers will pay 1 paise/unit for a recovery of 2.01 crore while GESCOM and CESC consumers will have to pay an additional 2 paise/unit to recover `3.50 crore and `2.62 crore, respectively between July to September.

All categories of consumers will be covered, the statement said.


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