Consumers and industries have welcomed the downward revision of electricity charges by Karnataka Electricity Regulatory Commission (KERC) and have described it as ‘’historic’’.
The ESCOMs across Karnataka including the Chamundeshwari Electricity Supply Corporation (CESC) had sought an upward revision ₹0.35 per unit for domestic consumers besides an increase of ₹0.15 per unit by way of fixed charges ostensibly to meet its revenue shortfall.
The CESC had justified its requisition for a higher tariff to bridge the revenue gap for the financial year 2024-25 which was pegged at ₹4,39.55 crore which also included a shortfall of ₹52.21 crore for the financial year 2022-23.
