Power consumers in the city will have to pay more over the next three months starting this Friday with the Delhi Electricity Regulatory Commission having approved a hike of 1.5 per cent to 3 per cent in charges.
This increase is on account of power purchase cost adjustment (PPCA) that was allowed by the DERC at the time of tariff fixation in July last year. By way of PPCA, discoms can claim adjustment of extra spending incurred on account of purchase of fuel and other expenses.
On Thursday, the DERC said it has allowed a hike of 1.5 per cent in the Tata Power area and 3 per cent each in the areas served by the Anil Ambani-run BRPL and BYPL as PPCA charges for the quarter October-December 2012. These charges will be adjusted in the monthly bills starting February 1.
This is for the first time since the tariff revision that the discoms have been allowed a hike based on PPCA. Earlier, they were reimbursed on spending based on fuel price adjustment charges (FPAC).
The three discoms had submitted petitions seeking PPCA to DERC. While Tata Power has claimed an increase of 2.80 per cent, BYPL had sought 7.44 per cent and BRPL 9.18 per cent.