In Bengaluru, Bescom seeks average Rs1.96/unit hike in tariff
Consumers serviced by the Bangalore Electricity Supply Company (Bescom) many have to brace for a shock as the power utility has sought a massive .96/unit hike in tariff for the coming financial year. Bescom has filed its tariff petition with the Karnataka Electricity Regulatory Commission (KERC).Last year, the commission had allowed a 33 paise per unit increase across all electricity supply companies (Escoms) against the different hikes that the five Escoms had sought ranging from to .67 per unit.Justifying the steep hike, Bescom officials cited a revenue deficit of ,872.08 for the financial year 2020-21. “The .96 hike is not going to be a burden on all consumers. We are asking the government to make up f.....