The hike in power tariff owing to Fuel Adjustment Charges (FAC) introduced by Chamundeshwari Electricity Supply Corporation (CESC) has evoked a sharp response from the Federation of Organisations and Associations of Mysuru (FOAM) representing various businesses and traders groups in the city.
Addressing a press meet in the city on Tuesday, FOAM office-bearers said that the hike in tariff coupled with recovery of arrears was a steep burden on them and the government cannot justify it on the grounds that FAC had not been revised for years. They said any increase in FAC has to be in a graded manner and they cannot be faulted if the authorities had not revised it for years.
B.S. Prashanth, president of FOAM, said the fixed charges used to be 85% of the Installed Capacity and this has been hiked to 99% and the rate per unit has increased from 53 paisa per unit to ₹2.42 per unit while many intermediary slabs have been removed or merged adding to the burden of the consumers.
