LATEST: Punjab Electricity Regulatory Commission Approves New Power Tariffs for FY 2025-26

PUNJAB STATE ELECTRICITY REGULATORY COMMISSION
Tariff Orders for FY 2025-26 for PSPCL & PSTCL

HOSHIARPUR/CHANDIGARH (CDT NEWS) The Punjab State Electricity Regulatory Commission chaired by the
Chairperson Sh. Viswajeet Khanna, IAS (Retd.) and Member Sh. Paramjeet Singh,
District and Sessions Judge (Retd.) has issued the Tariff Orders containing
tariff/charges for FY 2025-26 vide Orders dated 28.03.2025. In the Orders, the
Commission has determined the true-up of FY 2023-24, ARR for FY 2025-26 and
Determination of Tariff/charges applicable for FY 2025-26 in respect of Punjab State
Power Corporation Limited (PSPCL) and Punjab State Transmission Corporation
Limited (PSTCL). The Commission has decided to make the new tariff/charges
applicable from 1st April, 2025 up to 31st March 2026.

PSPCL had submitted in its ARR petition that it has a revenue deficit of
Rs. 5090.89 Crore up to FY 2025-26 and requested for increase of tariff accordingly.
However, the Commission has determined the revenue surplus of Rs. 311.50 Crore
after the requisite detailed prudence check. The revenue from the existing tariff is Rs.
47985.81 Crore. The net ARR required to be recovered from Tariff of FY 2025-26
after adjusting the surplus of Rs. 311.50 Crore is Rs. 47674.31 Crore. The new tariff
has been redesigned to recover the same.
Salient Features

The new tariff will be applicable from 01.04.2025 to 31.03.2026.
No increase in the fixed charges of any category of consumers.
In case of DS and NRS, existing 3 No. slabs in consumer category merged to
make only 2 slabs without any extra financial load to consumers. This will help
towards easy preparation and consumer friendly bills.
With merging of slabs, while no consumer will be paying anything extra, DS
consumers with more than 300 units will be paying lower charges by
approximately Rs. 160/month for loads up to 2 kW, Rs. 90 /month for loads
above 2 kW & up to 7 kW and Rs. 32/month for loads above 7 kW & up to 20
kW. Similarly, for NRS consumers while no consumer will be paying anything
higher, there has been a reduction of variable charges by 2 paisa/unit for
consumption up to 500 units for consumers having load up to 20 kW. Thus,
those NRS consumers consuming up to 500 units, the bill charges will be lower
by approximately Rs. 110/month.

In case of LS General Consumers, only 2 Slabs have been created i.e. one –
Above 100-1000kVA with reduced Fixed Charges (Rs.210/kW in place of Rs.
220/kW & the other of 1000kVA & above with Fixed Charges Rs. 280/kVAh,
which is the lower of the merged slabs).
“Voltage Rebate” is being continued to be given to all consumers with
connected loads above 33 kV. It is also applicable to DS (including Charitable
Hospitals setup under PWD Act), NRS, MS consumers (including water works
supply Schemes & Compost / Solid Waste Management Plants for
Municipalities/ Urban Local Bodies) and AP/AP High-Technology/High Density
Farming consumers getting supply at 11 kV. The voltage rebate shall be in
addition to the capped energy charges (after considering the cumulative effect
of TOD rebate and the tariff of electricity exclusively used during night hours)
of Rs. 5.50/kVAh
In mixed load industry, PIU loads having installed / connected kVA rating up to
100 kVA was taken out of the PIU load category. The same benefit has been
further extended to the next year i.e. FY 2025-26 also.
Special night tariff with 50% Fixed Charges and Energy Charge of
Rs.5.50/kVAh for all (LS/MS/SP) industrial consumers using electricity
exclusively during the night hours of 10:00 PM to 06:00 AM next day has also
been continued.
On the demand of the industry, the facility for use of electricity by the night
category consumers, during the extended 4 hours of 06:00 AM to 10:00 AM at
normal tariff has also been continued.
Cross-subsidies have been kept within the ±20% limits in line with the
provisions of the National Tariff Policy.
To encourage PIU units to migrate to General Industry and to merge the tariff
for Power Intensive Units and General Industry during FY 2025-26 itself, the
Commission has already approved relaxation in the implementation of power
quality regulation in Petition No. 49 of 2023 order dated 06.12.2023 and vide
order in Petition No. 46 of 2024 to allow all the systems to be put in place for a
smooth implementation of the power quality regulations.
The Commission has continued with the existing TOD (Time of Day tariff) period
of 16th June to 15th October with the existing TOD surcharge of Rs. 2.0/kVAh

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over the normal tariff during 2025-26 also. There is no increase in the surcharge
over last year.

A new category for Single Point Supply to Residential Colonies/Multi Storey
Residential Complexes and Co-operative Group Housing Society/Employer in
Domestic category has been introduced with reduced Fixed & Variable Charges
(Fixed Charges Rs.130/kVAh in place of the existing Rs. 140/kVAh & Variable
Charges Rs. 6.75/kVAh in place of existing Rs. 6.96/kVAh).
The Commission has also worked out the green energy tariff for the consumers
under the provisions of the Electricity (Promoting Renewable Energy through
Green Energy Open Access) Rules, 2022. This is a tariff reduced to Rs.
0.39/kWh from the earlier tariff of Rs. 0.54/kWh applicable last year.

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