In a significant development impacting electricity consumers across Maharashtra, power companies have announced substantial tariff hikes effective April 1, causing concern among consumers already grappling with rising utility costs.
Tata Power users are particularly affected, with tariffs set to surge by a staggering 44% to 59%, while consumers of Maharashtra State Electricity Distribution Company Ltd (MSEDCL) will also face an increase, albeit at a lower rate of 5.7%. For MSEDCL residential consumers, the tariff hike varies based on usage levels. Those utilising up to 100 units per month will see an increase of 30 paise per unit, while consumers falling in the 101 to 300 units bracket will experience a hike of 65 paise per unit. Furthermore, users consuming between 301 to 500 units monthly will face a tariff hike of 94 paise per unit, with those surpassing the 500 units threshold paying an additional ₹1.07 per unit.
The impact is most pronounced for Tata Power consumers in suburban Mumbai, where residential users can expect to pay substantially more for electricity. With hikes ranging from ₹1.99 to ₹5.67 per unit across different consumption brackets, Tata Power users are bracing for a considerable financial burden. This hike, ranging from 44% to 59%, significantly outpaces the increases seen in recent years. Similarly, residential consumers supplied by BEST will also feel the pinch, with tariff hikes ranging from 15 paise to ₹1.10 per unit across different consumption categories. Despite being the lowest among major utilities, consumers of Adani Electricity Mumbai Ltd will also face tariff increases, albeit at a comparatively modest rate. The tariff hikes come at a time when consumers are already grappling with economic challenges, further exacerbating financial strain for households and businesses alike. As electricity bills surge, consumers are urged to adopt energy-saving measures to mitigate the impact on their budgets.
