Tamil Nadu increases power tariff by 4.83% from July 1

The TNERC had earlier approved the automatic tariff revision method, linking it to the Consumer Price Inflation index and capping it at a maximum of 6%, whichever is lower, for the financial years 2023-24 to 2026-27. This revision will take effect on July 1 each year until 2027.

 

In a move that will impact consumers, the power tariff has been increased by 4.83%, effective from July 1. This applies to both usage and fixed charges. The TNERC issued a suo motu order in this regard. TNIE had reported first on June 14 that the power tariff will be revised by 4.83 %.

 

This marks the third upward revision of electricity charges in consecutive years. TANGEDCO had previously raised rates by 52.6% on September 10, 2022, and by 2.18% on July 1, 2023.

A senior Tangedco official told TNIE, “The state fully absorbed the 2.18% hike last year and provided a subsidy. This year, we have not received any subsidy.”

Data from the Ministry of Statistics and Programme Implementation shows that retail inflation in the country stood at 4.83% in April. Consequently, the tariff has been hiked by 4.83 %. Energy charges for LT consumers in other categories have been raised by 20 to 60 paise per unit. Fixed charges now range from Rs 5 to Rs 27 per kW per month. HT consumers will see a tariff increase of 35 to 60 paise per unit and demand charges raised by Rs 27 per kVA per month.

 

Order Link : http://www.tnerc.gov.in/website/TariffOrders.aspx?type=TO

 

TANGEDCO revised tariff order effective from 01-07-2024
Description	from 01-07-23 TO 30-06-2024 (OLD)	from 01-07-24 TO 30-06-2025 (New)	Impact
TANGEDCO  Industrial Cost
Base Tariff in Rs.  Per kWh	6.90	7.25	0.35
Peak Hour Taiff	8.63	9.06	0.44
Night Hour Tariff	6.56	6.89	0.33
TNEB Traiff	7.37	7.75	0.37
Electricity Tax 5%	0.37	0.39	0.02
Variable cost in Rs. Per kWh	7.74	8.14	0.39
TANGEDCO Commercial Cost HT IIIA
Base Tariff in Rs.  Per kWh	8.70	9.10	0.40
Peak Hour Taiff	10.88	11.38	0.50
Night Hour Tariff	8.27	8.65	0.38
TNEB Traiff	9.30	9.73	0.43
Electricity Tax 5%	0.46	0.49	0.02
Variable cost in Rs. Per kWh	9.76	10.21	0.45

 

REC
Description	Old Rates	New Rates	Difference value Rs		Description	Old Rates	New Rates	Difference value Rs
Wind -Industrial (Group Captive )					Solar-Industrial (Group Captive )
Tariff Rate	7.74	8.14	0.40		Tariff Rate	7.74	8.14	0.40
Charges	2.27	2.36	0.09		Charges	2.39	2.49	0.10
Total			0.48		Total			0.50
Wind -Commercial (Group Captive )					Solar -Commercial (Group Captive )
Tariff Rate	9.77	10.22	0.45		Tariff Rate	9.77	10.22	0.45
Charges	2.27	2.36	0.09		Charges	2.39	2.49	0.10
Total			0.54		Total			0.55
Wind - Industrial (TP )					Solar -Industrial (TP )
Tariff Rate	7.74	8.14	0.40		Tariff Rate	7.74	8.14	0.40
Charges	3.29	3.41	0.12		Charges	3.59	3.74	0.14
Total			0.52		Total			0.54
Wind - Commercial (TP )					Solar -Commercial (TP )
Tariff Rate	9.77	10.22	0.45		Tariff Rate	9.77	10.22	0.45
Charges	3.62	3.75	0.14		Charges	3.98	4.14	0.16
Total			0.58		Total			0.60
NON REC
Wind -Industrial (Group Captive )					Solar-Industrial (Group Captive )
	Old Rates	New Rates	Difference value Rs			Old Rates	New Rates	Difference value Rs
Tariff Rate	7.74	8.14	0.40		Tariff Rate	7.74	8.14	0.40
Charges	1.26	1.30	0.04		Charges	1.25	1.30	0.05
Total			0.44		Total			0.45
Wind -Commercial (Group Captive )					Solar -Commercial (Group Captive )
Tariff Rate	9.77	10.22	0.45		Tariff Rate	9.77	10.22	0.45
Charges	1.26	1.30	0.04		Charges	1.25	1.30	0.05
Total			0.49		Total			0.50
Wind - Industrial (TP )					Solar -Industrial (TP )
Tariff Rate	7.74	8.14	0.40		Tariff Rate	7.74	8.14	0.40
Charges	2.27	2.35	0.07		Charges	2.45	2.55	0.09
Total			0.47		Total			0.49
Wind - Commercial (TP )					Solar -Commercial (TP )
Tariff Rate	9.77	10.22	0.45		Tariff Rate	9.77	10.22	0.45
Charges	2.60	2.69	0.09		Charges	2.84	2.95	0.11
Total			0.54		Total			0.55

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