Electricity Bills Hiked: Electricity can become costlier by up to 30% in this state, know the reason

 

Electricity Bills Hiked in UP: Electricity rates may soon increase by 30 percent in UP. Power companies have sent a proposal to the Electricity Regulatory Commission for 2025-26. It shows a huge loss. A request has been made to the commission to compensate for this. If the commission approves this, then electricity rates may increase by 30 percent.

Electricity Bills Hiked in UP: Common people in Uttar Pradesh are going to get a shock of inflation soon. Uttar Pradesh Power Corporation Limited (UPPCL) is planning to increase electricity rates by 30 percent. If reports are to be believed, electricity rates may soon increase by 30 percent in UP. Power companies have sent a proposal to the Electricity Regulatory Commission for 2025-26. It shows a huge loss. A request has been made to the commission to compensate for this. If the commission approves it, then electricity rates may increase by up to 30 percent.

According to the report, power companies have estimated a reduction of Rs 19,600 crore from the current electricity rate in view of the increasing expenditure. To compensate for the loss worked out on the basis of actual income and expenditure, electric companies want a record 30 percent increase in the current electricity rates. The Regulatory Commission has demanded that the increase in rates should be considered in view of the condition of the Power Corporation.

Officials claimed that there has been no increase in electricity rates in UP for the last five years. Due to this, the revenue deficit has increased by 12.4 percent. UPPCL has presented the figures to the Electricity Regulatory Commission and said that it cannot bear any more losses.

He said that till now the electricity rates are being fixed on the basis of the revenue gap arising from the expenditure and earnings of the power companies. But the power companies say that in reality 100 percent of the electricity bills are never recovered.

According to the officials, in the financial year 2024-25, only 88 percent of the electricity bills of the power companies have been recovered. Due to this, even after the subsidy given by the UP government, this gap has increased from Rs 4,378 crore in the year 2023-24 to Rs 13,542 crore.

Similarly, in this financial year 2025-26, even after getting subsidy from the Uttar Pradesh government, this deficit is expected to increase to Rs 19,600 crore. To compensate for this loss, a demand has been made to increase the current electricity rates by about 30 percent.

According to the Electricity Department, about 10 percent of the transformers in the state are not working properly. Even after the recovery campaign, 54.24 lakh consumers have not paid their electricity bills even once. All these consumers owe Rs 36,353 crore.

According to the report, 78.65 lakh people have not paid their electricity bills for the last six months. They also have electricity bills of Rs 36,117 crore pending. Due to this, the corporation’s losses are continuously increasing. On the other hand, protests against the increase in electricity rates have also started. Energy and consumer organizations have accused the government of benefiting private houses.