Punjab electricity tariff 2025-26: No hike, lower bills for many consumers

PTC Web Desk: The Punjab State Electricity Regulatory Commission (PSERC) has announced new electricity tariff rates for 2025-26, effective from April 1, 2025. The commission, led by Viswajeet Khanna (IAS retd) and Paramjeet Singh (retd. District and Sessions Judge), has ensured that there is no overall increase in electricity charges for consumers. Instead, some consumers will see reductions in their bills.

Punjab State Power Corporation Limited (PSPCL) had initially projected a revenue deficit of Rs 5,090.89 crore for the financial year 2025-26 and had requested an increase in electricity rates. However, after reviewing the financials, PSERC determined a revenue surplus of Rs 311.50 crore instead.

With total revenue from the current tariff standing at Rs 47,985.81 crore, and the net requirement for 2025-26 at
Rs 47,674.31 crore, the commission decided to redesign the tariff without adding any extra burden on consumers.

Key highlights of new tariff

• No increase in fixed charges for any category of consumers.
• Fewer slabs for Domestic (DS) and Non-Residential (NRS) consumers, making bill calculations simpler
• Consumers using over 300 units per month will see lower bills
• Rs 160 reduction for loads up to 2 kW
• Rs 90 reduction for loads between 2 kW and 7 kW
• Rs 32 reduction for loads between 7 kW and 20 kW
• NRS consumers (up to 500 units) will get a 2-paisa/unit reduction, leading to savings of about Rs 110 per month.

Revised charges for Large Supply (LS) consumers

• For loads above 100 kVA up to 1000 kVA, the fixed charge is now Rs 210/kW (earlier ?220/kW).
• For loads above 1000 kVA, the new rate is Rs 280/kVAh, the lowest among merged slabs.
• Special night tariff continues for industrial consumers:
• 50% discount on fixed charges
• Energy charge at Rs 5.50/kVAh for electricity usage between 10 pm  and 6 am.
• Green energy tariff reduced from Rs 0.54/kWh to Rs 0.39/kWh, encouraging the use of renewable energy.
• Time-of-Day (TOD) tariff continues from June 16 to October 15, with a Rs 2.0/kVAh surcharge during peak hours.

Cheaper electricity for residential complexes and housing societies

• Fixed charges reduced from Rs 140/kVAh to Rs 130/kVAh
• Variable charges lowered from Rs 6.96/kVAh to Rs 6.75/kVAh

Impact on Consumers

• Simpler bill calculation due to the reduction in slabs.
• No increase in financial burden for any consumer category.
• Lower bills for households and businesses in key categories.
• Industrial consumers benefit from cheaper night-time electricity, boosting productivity.
• Green energy adoption becomes more affordable

- PTC NEWS

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