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CII applauds AERC for new electricity tariff announcement

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HT Bureau

GUWAHATI, April 1: Confederation of Indian Industry (CII) congratulated Assam Electricity Regulatory Commission (AERC) for reducing the burden on the consumers while at the same time taking care of the requirement of utilities and deciding the Tariff for electricity for FY 2023-24 in a very fair manner. The new tariff will be applicable from April 1.

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Notably, there is an overall decrease of around 1.2% in the tariff for FY 2023-24 over the tariff for FY 2022-23 with FPPPA charges, which translates to an average decrease of Rs. 0.10 per unit. The Commission has increased the Fixed Charges by Rs 10/kW for all categories, to improve the recovery of fixed costs through fixed charges, and has reduced the energy charge rates for all categories ranging from 10 paise/kWh to 20 paise/kWh to meet the overall revenue requirement.

CII expects that the new tariff regime will give a major fillip to the industries of the state and at the same time leave the electricity companies with sufficient resources to manage their affairs efficiently.

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