Power bills to cost 0.23% more this month
The fuel and power purchase adjustment surcharge (FPPAS) is levied over and above the tariff decided by the regulator for this financial year. The levying of FPPAS month on month is being done under an amendment of the Madhya Pradesh Electricity Regulatory Commission (MPERC) that allows discoms to increase the tariff month on month since the last fiscal.
The FPPAS for the previous month was 2.36%, and for the current corresponding period, it is 2.59%, which means during the previous month consumers paid 2.36% above the tariff decided for the financial year, while consumers will have to pay 2.59% more in the current month.
Thus, consumers will be paying 0.23% more than the previous month.
Sources said that the FPPAS for July 24 and Aug 23, is based on difference between the actual power purchase cost and the estimated power purchase cost decided by the MPERC in May for this financial year. As per an amendment to MPERC Regulations 2021, the regulator allowed FPPAS to be "calculated and billed by the distribution licensee to consumers, automatically, without going through the regulatory approval process, on a monthly basis.
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The power tariff is decided by the regulator on the basis of the estimated cost of production of energy for a financial year. If there is an increase or decrease in costs after the end of the fiscal, discoms move 'true up petitions' before the regulator. After new regulations, the difference in the estimated cost of fuel for production in a particular month and the actual cost can be levied on consumers in the next month in the form of a revised tariff.
Besides, the hearing on the actual overall annual revenue requirement (ARR) petition of the discom, in which the discom urged the regulator to allow it to increase the power tariff by 7.52% for the financial year 2025-26 starting April 1, however, the regulator has allowed a hike of 3.46% for this year. This FPPAS will be above this 3.46% hike decided for this financial year in regular tariff by the regulator.
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