New Delhi: People in the city will have to shell out more for electricity with power regulator DERC effecting a five per cent hike in tariff to adjust the power purchase cost of the distribution companies.
The hike will come into effect from February one for a period of next three months following which DERC is likely to review the increase based on cost of buying power by the distribution companies.
"We have effected a five per cent Fuel Price Adjustment (FPA) surcharge per unit of power for a period of three months," DERC Secretary Jayashree Raghuraman said.
The hike comes five months after DERC hiked the tariff by 22 per cent for all categories of consumers.
Power distribution companies NDPL, BRPL and BYPL had sought an increase in tariff by 9.12 per cent, 10.75 per cent and 12.43 per cent respectively citing increase in power purchase cost due to hike in fuel prices like coal and natural gas.
Power department officials said power generation companies usually pass on the hike in fuel cost to its buyers which results in increase in power purchase cost.
The hike will be applicable on energy consumption and not on fixed charges.
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