Total Pageviews

Saturday 3 November 2012

Groan! APERC slaps Rs 1,704 crore bill on power consumers


03rd November 2012 09:26 AM
Electricity consumers are in for heftier power bills from December.
 The AP Electricity Regulatory Commission (APERC) has permitted discoms to recover Rs 1,740.21 crore from consumers towards fuel surcharge adjustment (FSA) for the first quarter of 2012-13.The discoms will collect this money in three tranches, starting with the bill for November.
 This fresh impost is in addition to the FSA recoveries APERC allowed the discoms to make in September. That was for an amount Rs 6,025 crore for the years 2011-12, 2010-11.That recovery was spread over bills from Oct. 2012 to Sept.  2014.
 The November bills will include the recovery towards Rs 1,740 crore as well.
 Fuel surcharge adjustments are recoveries of cost incurred by the power discoms in securing power supplies at market prices. The present recover of Rs 1,740 crore pertains to supply costs incurred during April-June 2012. The breakup of FSA for the first quarter of 2012-13 works out to Rs 2.88 per unit for April, Rs 1.19 per unit for May and 0.83 paise for June.

No comments: