Huge Electricity Tariff Hike Imposed in Uttar Pradesh (UP). Time to Go Solar

If you are a resident of Uttar Pradesh or an owner of a commercial property located in UP, get ready to pay more money for your monthly electricity consumption soon. The electricity tariffs in the state of Uttar Pradesh has been increased by up to 12%, 8% and 7% across Residential, Commercial and Industrial categories respectively.

The hike which has left consumers shocked was announced just yesterday but the proposal to increase the tariffs in the state was submitted two months back in June 2019 by the UP Power Corporation Limited(UPPCL). The Uttar Pradesh Electricity Regulatory Commission has given the go-ahead to increase the tariffs with certain modifications.

By how much has the Electricity tariff Increased in UP?

As per the announcement made by the Uttar Pradesh Electricity Regulatory Commission (UPERC), the tariff hike approved for the consumers in the domestic category ranges from 8-12% across slabs. The hike will increase the per-unit cost of electricity consumed from ₹4.90 per unit to ₹5.50 per unit for consumption within the first 150 units for a domestic consumer. For electricity consumption higher than the 150 units, the tariff has increased to ₹6 per unit from ₹5.40 per unit for consumption between 151-300 units; ₹6.50 per unit from ₹6.20 per unit for consumption ranging 301-500 units, and ₹7 per unit from ₹6.50 for consumption above 500 units in a month.

For small and medium power industries (LT side), the hike is 4% for upto 1000 units, 1% from 1001 to 2000 units and again 4% for the units above 2000 whereas for the large power industrial (HT side) consumer category, there has been a hike of 7% from ₹6.65 per unit to ₹7.1 per unit. This is a massive increase and will directly hit the overall profit margins of businesses in the state. Also, for the agriculture consumer category a hike of 9% has been levied under the urban schedule and 15% for the rural schedule.

Here’s a snapshot of tariff increase across domestic, commercial and industrial categories:

What is the Reason for the Electricity Hike in UP and how can rooftop solar help?

The hike as was stated by UPERC at the time of the proposal is as a reaction to the increasing expenditures and decreasing revenue as being faced by the DISCOMs, and the hike is a measure taken to improve their financial efficiency.

While this measure may seem necessary for the DISCOMS, it should be noted that these hikes have a direct impact on consumers across categories. And, as we all know, this is not the first time that the authority has had to increase the electricity tariffs in the state; as the last tariff increase was introduced just two years back in Nov 2017. In such a scenario where tariffs are uncertain and are dependent on various factors such as transmission cost and the cost of fossil fuels, harnessing solar energy is a smart way to deal with this sudden tariff surge. By installing a solar system, any home or business owner can deflect the impact of such hikes for the next 25 years.

There are numerous examples of how going solar has helped consumers across categories mitigate the impact of high tariffs and save lakhs on power bills every year. Below is a video of a few industries who have gone solar with MYSUN and are now generating their own power thereby making huge savings on their power expenses:

If you are from Uttar Pradesh and want to shield yourself from this hike in electricity tarrif go solar today with MYSUN. Schedule your site survey today or write to our solar advisors at gosolar@itsmysun.com for commercial enquiries or info@itsmysun.com for residential enquiries.

You may also call us on +91 8448380218 for commercial requirements or on +91 9873167009 for residential requirements.

To know your solar saving potential instantly, run our solar calculator now and with just two inputs, you will have a Free Personal Solar Scorecard with you.

The post Huge Electricity Tariff Hike Imposed in Uttar Pradesh (UP). Time to Go Solar appeared first on Rediscover the Sun with MYSUN - Solar Power Company in India.

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