Mumbaikars Will Have To Pay 5-10% More For Electricity - Check Prices Here

From this month, Mumbaikars will have to pay 5 to 10 per cent more for their electricity.

As per Maharashtra Electricity Regulatory Commission (MERC)’s new rates, the fixed cost for residential consumers is likely to be increased by INR 13.

This move comes after the MERC agreed to the distribution companies' proposal of a price hike and announced the out-of-turn hike.

Simultaneously, four electricity distribution companies – Tata Power, Adani Electricity, Maharashtra State Electricity Distribution Co. Ltd (MSEDCL), and Brihanmumbai Electricity Supply (BEST) in Maharashtra have also increase the charges. Therefore, consumers from all categories such as domestic, commercial, industrial and agricultural will be affected by this hike.

On the other hand, when the power companies sent its proposal to hike the electricity charges, Maharashtra Deputy Chief Minister Devendra Fadnavis had assured that the state government will ensure the proposed hike in electricity tariffs is not irrational.

Here’s how much more charges they will have to pay:

MSEDCL:

Already paying the highest tariffs, the MSEDCL users has seen a 6% hike in both 2023-24 and 2024-25. Industrial electricity rates increased by 1 per cent in FY 2024 and 4 per cent in FY 2025.

Tata Power:

Tata Power, which offers the cheapest tariff for 0-100 unit users, will raise the prices by 10% in 2023-24 and 21% in 2024-25.

BEST:

Those using BEST, which offers among the cheapest rates, will see tariffs rise by 6.19% in 2023-24 and 6.7% in 2024-25.

Adani:

For Adani Electricity residential users, the hike will be 5% and 2%, respectively.