Commission okays nearly 1% hike in power tariff; new rates in Chandigarh from Today

Commission okays nearly 1% hike in power tariff; new rates in Chandigarh from Nov 1 Residents will now have to shell out a little more for power consumption in the city from next month. On a petition submitted by Chandigarh Power Distribution Limited (CPDL), which is responsible for distribution and supply of electricity, the Joint Electricity Regulatory Commission (JERC) has finalised a new tariff structure for the next five financial years (2025-26 to 2029-30) in domestic and commercial categories. The revised tariff will be applicable from November 1. However, fixed charges will remain the same in the domestic category. In its multi-

- PT News

year tariff (MYT) order, the commission has approved less than 1% increase in tariff for the remaining period of this financial year, and an average annual tariff increase of approximately 2% over the five-year control period. The CPDL had proposed an average hike of 7.57% for 2025-26, to meet operational and capital expenditure needs. Additionally, the JERC has set stringent loss reduction and performance improvement targets for th