There have been instances earlier of true-up charges where power distribution companies have sought an increase in tariff. But this is perhaps the first time in the country that they have decided to pass
0 576 512"> Subscribe on YouTubeIn a rare gesture, power utilities inAndhra Pradeshhave decided to pass on Rs 126 crore they saved through cost-effective power purchases back to users. The companies have submitted proposals to the AP Electricity Regulatory Commission (APERC) seeking approval to return the money in the first quarter of 2021-22 to domestic consumers.
About 1.45 crore domestic consumers will benefit from the gesture. The state has about two crore power consumers including about 55 lakh high-tension consumers. The HT consumers, however, will not get the benefit.