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HomePersonal FinanceElectricity New Rate: New electricity rates applicable in Delhi from today, but...

Electricity New Rate: New electricity rates applicable in Delhi from today, but subsidy will continue, know details

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New electricity rates will be applicable in Delhi from October 1. The Delhi Electricity Regulatory Commission (DERC) said on Thursday that electricity rates have not been increased for the second consecutive year in the Corona crisis. Subsidy on electricity will continue. Also there will be no increase in the standing fee.



DERC stated that the per unit energy cost and the fixed charge on the sanctioned load of each household have not been changed. Chief Minister Arvind Kejriwal said that the decision will bring relief to the people. At the same time, the process of scrapping the power purchase agreement with old power plants has been started to provide affordable electricity to the people. It is to be known that the government gives 100 percent subsidy to those who consume two hundred units every month and 50 percent to those who consume 201 to 400 units.





Pension surcharge increased by two percent In
addition to GST on electricity bill in Delhi, pension surcharge and regulatory asset surcharge are also levied. Pension surcharge is used to give pension to employees while regulatory asset surcharge is used to compensate companies for losses. In the new order, the pension surcharge has been increased from five to seven percent. Regulatory asset surcharge will remain the same at 8 per cent.




Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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