KERC hikes tariff for financial year 2015 – 16. Open Access getting costlier

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The Karnataka Electricity Regulatory Commission (KERC) has approved the new tariff and open access charges for FY 15-16. The tariff for industrial consumers has been increased by 15 paisa per unit, while increase in the tariff for commercial consumers is 20 Paisa per unit. The new tariff will be effective from 1st April 2015 onwards. The new tariff is directly going to affect the open access transactions in the state of Karnataka, as the cross subsidy (CSS) for the open access consumers has been increased unexpectedly. However, regarding the Solar energy based projects, the Commission vide Order dated 18.08.2014 has exempted Solar projects in the State achieving Commercial Operation Date between 1st April 2013 and 31st April 2018 and selling power to consumers within the State on Open Access/Wheeling from payment of Wheeling and Banking charges and Cross Subsidy surcharge for a period of 10 years from the date of commissioning and is made applicable captive solar plants for self-consumption within the State. Thus, the wheeling as well as banking charges for solar power projects as per the said Order is continued for BESCOM, CESC, GESCOM, HESCOM and MESCOM.

Tariff can be read from here : https://www.karnataka.gov.in/kerc/_website/_/_/_/_/_/Tariff-2015.html

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