Electricity bills in Delhi to get hiked by up to 2% from October 1

New Delhi : For Delhi residents, the electricity bills from October 1 will be hiked by 2%. The development comes as the Delhi Electricity Regulatory Commission (DERC) on Thursday announced the new power tariff order for 2021-22. The changes will come into effect from tomorrow.

Issuing the fresh order, the DERC said it kept all other rates such as per unit energy cost and fixed charges on the sanctioned load of every household constant. It said that the electricity bills will see a minor increase from next month because the power regulator raised the ‘pension trust surcharge’ from the current 5% to 7%.

It must be noted that apart from the goods and services taxes, two surcharges have also been imposed on every electricity bill in Delhi. Notably, these pension surcharge goes towards paying pension to former employees of power utilities before the electricity sector was decentralised, and the regulatory asset surcharge goes to power distribution companies (discoms) to make up for their revenue deficits.

In the new order, the regulatory asset surcharge have been kept constant at 8%.