The State's power regulator is likely to issue the tariff order on Friday. Speculation is rife that tariffs will go up.
All the five Escoms in the State had filed separate tariff petitions before the Karnataka Electricity Regulatory Commission (KERC) in June this year seeking a tariff hike of 88 paise a unit for all consumers, barring irrigation pumpsets and Bhagya Jyothi/Kutir Jyothi, to bridge their revenue deficit. According to the Karnataka Electricity Reforms Act, the Escoms can only request for a tariff hike. The commission will decide whether to allow the hike and the exact quantum after examining the financial and technical positions and eliciting the views of consumers as well as experts by holding public hearings.
With respect to the above petitions by the Escoms, the KERC has already held public hearings across the State.
Interestingly, the five Escoms also filed a requisition before the KERC last week seeking that they should be granted the right to pass on the additional financial burden — incurred by them because of the purchase of costly power to tide over shortage gripping the State — to consumers by way of tariff.
This is going to be the third tariff revision exercise in the State in the past three years.
Power tariff revision is an important exercise since it will have a bearing on all other aspects, including water tariff and industrial costs.