Latest news with #MPERCRegulations2021
Time of India
4 days ago
- Business
- Time of India
Power bills to cost 0.23% more this month
Bhopal: Energy bills will be dearer by 2.59% for this month — between July 24 and Aug 23 and will cost 0.23% more than the previous month due to the fuel and power purchase adjustment surcharge (FPPAS). 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. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo " 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.
Time of India
27-06-2025
- Business
- Time of India
Energy bills up by 2.36% for June-July period
Bhopal: Energy bills will be increased by 2.36% for the period from June 24 to July 23. However, compared to the same period last month, between May 24 and June 23, the power tariff will be 0.15% cheaper. The reduction resulted from the fuel and power purchase adjustment surcharge (FPPAS) decreasing from 2.51% last month to 2.36% this month. In the previous month, consumers paid 2.51% above the tariff set for this financial year. For the current period, consumers paid only 2.36% above the tariff, resulting in a 0.15% decrease compared to the previous month. FPPAS was levied in addition to the tariff determined by the regulator for the financial year. This surcharge was applied monthly under an amendment to MPERC, allowing distribution companies (discoms) to raise tariffs each month since the last fiscal. Sources stated that the FPPAS for June 24 to July 23, 2025, was based on the difference between the actual power purchase cost and the estimated cost for April this year. According to an amendment to MPERC Regulations 2021 last fiscal, the regulator permitted FPPAS to be "calculated and billed by the distribution licensee to consumers automatically, without undergoing the regulatory approval process, on a monthly basis. " The regulator decided the power tariff based on the estimated cost of energy production for the financial year. If production costs increased or decreased after the fiscal year ended, discoms move 'true up petitions' before the regulator. Under new regulations, discrepancies between estimated and actual fuel costs for a month were applied to consumers in the following month as a revised tariff. Additionally, during a hearing on the discom's actual overall annual revenue requirement (ARR) petition, the discom requested the regulator to approve a 7.52% increase in the power tariff for the financial year 2025-26 starting from April 1. However, the regulator approved a 3.46% hike for this year. The current FPPAS was in addition to this 3.46% increase in the regular tariff set by the regulator for this financial year.
Time of India
26-05-2025
- Business
- Time of India
Brace for 2.5% hike in power bill this month
Bhopal: Energy bills will be dearer by 2.51% this month. These rates will be applicable between May 24 and June 23. However, if compared with the power tariff during the same period in the previous month, ie, between April 24 and May 23, it will be 2.16% cheaper. This is because the fuel and power purchase adjustment surcharge (FPPAS) for the previous month was 4.67%, and for the current corresponding period, ie, between May 24 and June 23, it is 2.51%. This means that during the previous month — same period — the consumers paid 4.67% above the tariff decided for this financial year, but for the same period in the current month, the consumers will only have to pay 2.51% above the tariff for this year. Thus, effectively for the current period, consumers will be paying 2.16% less compared to the previous 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 MPERC that allows discoms to increase the tariff month on month since the last fiscal. Sources said that this FPPAS for May 24 and June 23, is based on the difference between the actual power purchase cost and the estimated power purchase cost for the month of March of this year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025: Steel Suppliers From Mexico At Lowest Prices (Take A Look) Steel Suppliers | search ads Undo As per an amendment to MPERC Regulations 2021 last fiscal, the regulator allowed for FPPAS to be 'calculated and billed by the distribution licensee to consumers, automatically, without going through the regulatory approval process, on a monthly basis'. 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 these, 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 from April 1. However, the regulator has allowed a hike of 3.46% for this year. This FPPAS will be above this 3.46% hike.
Time of India
29-04-2025
- Business
- Time of India
Power bills up 4.67% this month as discoms apply fuel surcharge
Bhopal: Power bills will rise by 4.67% this month, with consumers set to pay more from April 24 to May 23 due to a fuel and power purchase adjustment surcharge (FPPAS) of 3.92%. In the same period last month, the FPPAS stood at -0.75%. Since this month's FPPAS is 3.92%, effectively this month's bills will be 4.67% dearer compared to the same period in the previous month. The FPPAS is levied over and above the standard tariff determined annually by the state electricity regulator. The levying of FPPAS month on month is being done under an amendment of MPERC that allows discoms to increase the tariff month on month since the last fiscal. Sources said the FPPAS for April 24 and May 23 is based on the difference between the actual power purchase cost and the estimated power purchase cost for the month of Febr of this financial year. As per an amendment to MPERC Regulations 2021 last fiscal, the regulator allowed for FPPAS to be "calculated and billed by the distribution licensee to consumers, automatically, without going through the regulatory approval process, on a monthly basis". 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 these, 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 from April 1, however, the regulator has allowed a hike of 3.46% for this year. This FPPAS will be above this 3.46% hike. Bhopal: Power bills will rise by 4.67% this month, with consumers set to pay more from April 24 to May 23 due to a fuel and power purchase adjustment surcharge (FPPAS) of 3.92%. In the same period last month, the FPPAS stood at -0.75%. Since this month's FPPAS is 3.92%, effectively this month's bills will be 4.67% dearer compared to the same period in the previous month. The FPPAS is levied over and above the standard tariff determined annually by the state electricity regulator. The levying of FPPAS month on month is being done under an amendment of MPERC that allows discoms to increase the tariff month on month since the last fiscal. Sources said the FPPAS for April 24 and May 23 is based on the difference between the actual power purchase cost and the estimated power purchase cost for the month of Febr of this financial year. As per an amendment to MPERC Regulations 2021 last fiscal, the regulator allowed for FPPAS to be "calculated and billed by the distribution licensee to consumers, automatically, without going through the regulatory approval process, on a monthly basis". 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 these, 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 from April 1, however, the regulator has allowed a hike of 3.46% for this year. This FPPAS will be above this 3.46% hike.
