Maharashtra Set to Witness 7.50% Increase in Average Electricity Tariffs, Prompting Concern Among General Public
Consumers across Maharashtra are bracing themselves for a significant uptick in their electricity bills as the state prepares to implement a 7.50% increase in average tariffs for the upcoming financial year (2024-25). This announcement, made by the Maharashtra State Electricity Regulatory Commission (MERC), has sent shockwaves through communities, raising apprehensions about the economic burden it will impose on households and businesses alike.
Effective from Monday, April 1, the revised tariff structure will also entail a steady rise of 10% in steady rates, further compounding the financial strain on consumers already grappling with escalating living costs. The decision to raise electricity tariffs follows a petition filed by MERC last year, seeking approval for the proposed hike, which has now been sanctioned by the commission.
| Electricity Usage / Unit | Old Rate (2023-24) / Unit | New Rate (2024-25) / unit |
| 0 to 100 | 5.58 Rupees | 5.58 Rupees |
| 101 to 300 | 10.81 Rupees | 11.46 Rupees |
| 501 to 1000 | 16.74 rupees | 17.81 rupees |
The impending 7.50% increase in electricity tariffs marks a continuation of the trend observed in the previous financial year, during which there was a 7.25% surge in average bills. With the new tariff regime set to impact consumers across various sectors, including residential, commercial, agricultural, and industrial, concerns abound regarding its potential repercussions on household budgets, agricultural operations, and industrial competitiveness.
