Daijiworld Media Network – Mangaluru (MS)

Mangaluru, Jan 8: The Mescom has hinted at an impending rise in electricity tariffs for consumers at the outset of the new year. A proposal has been submitted to teh Karnataka Electricity Regulatory Commission (KERC) to increase the tariff by 0.59 paise per unit for the fiscal year 2024-25.

Mescom argues that the current unit price is insufficient to sustain its operations. However, the public contends that Mescom should focus on trimming unnecessary expenses rather than imposing tariff hikes.

Currently, Mescom states it incurs Rs 8.91 per unit of electricity, while the tariff is Rs 8.32, creating a deficit of Rs 0.59 necessary for revenue sustainability.

For the fiscal year 2024-25, Mescom anticipates revenue of Rs 4929.98 crore. However, projected expenditures are Rs 5281.93 crore, resulting in a deficit of Rs 351.96 crore. Hence, Mescom seeks a unit price increase of Rs 0.59.

In its proposal, Mescom requests government approval to raise the price per KW for LT-2A domestic electricity, AEH, non-commercial electricity, and motive power establishments up to 50 KW from Rs 110 to Rs 115. For consumption exceeding 50 KW, the proposed rate is Rs 215, up from the current Rs 210. Additionally, Mescom suggests tariff hikes for commercial electricity usage in irrigation pump sets, rubber, coffee, tea, areca nut farming, and other industrial applications.

The Bhagyajyoti and Kuteerajyoti schemes will also see increases. Presently, beneficiaries pay a minimum monthly fee of Rs 100. As per the new proposal, this will rise to Rs 105, and the additional unit price will increase from Rs 8.61 to Rs 8.91.

D Padmavati, MD of Mescom, stated, “Mescom has submitted a proposal to KERC to increase the electricity tariff by Rs 0.59 per unit. We are prioritizing the enhancement of the electricity distribution network to our customers through various schemes.