BEST, Mumbai has filed its Multi-Year Tariff (MYT) petition, with MERC, which will come up for a Public Hearing on Feb 27th.
These new rates, if approved, will be applicable from 1st April, UNLESS .. you oppose it .. the choice is yours ..
Taking sample cases, here is a quick look of what may happen (the amounts incl. taxes and duty):
Residential Users (with Single phase supply)
100 units .. present .. Rs. 110 .. proposed .. Rs. 211 (91% up)
300 units .. present .. Rs. 707 .. proposed .. Rs. 1,226 (73% up)
400 units .. present .. Rs. 1,406 .. proposed .. Rs. 2,550 (81% up)
Residential Users (with Three-phase supply)
100 units .. present .. Rs. 206 .. proposed .. Rs. 285 (39% up)
300 units .. present .. Rs. 802 .. proposed .. Rs. 1,279 (59% up)
400 units .. present .. Rs. 1,459 .. proposed .. Rs. 2,603 (78% up)
Commercial users (LTC-1/LF-2)
300 units .. present .. Rs. 1,332 .. proposed .. Rs. 2,149 (61% up)
1000 units .. present .. Rs. 5,660 .. proposed .. Rs. 7,303 (29% up)
2000 units .. present .. Rs. 13,070 .. proposed .. Rs. 15,879 (21% up)
(This does not include variable charges for Commercial users above 3000 units per month).
I haven't presented the calculations for Industrial users, but that data is also available in 340-page document.
One of the main reasons for this is that BEST proposes to spend approx Rs. 800 crores in capital assets, over the next three years. Funny, since their average spending over the past 5 years is only in the range of 60-70 crores !!
Well .. as I said, the choice is yours .. keep quiet and pay up .. or stand up and oppose it.
The hearing is scheduled for Feb 27th and the last date for filing comments / objections with MERC is Feb 25th. Anyone else interested in filing a statement?
In case you are interested in what's happening on the electricity issue, please join the bijlee yahoo group at http://groups.yahoo.com/group/bijlee/ and keep yourself updated on the electricity issue - so you don't get rude SHOCKS !!
BTW. The numbers are driving me nuts .. in case I have made a calculation mistake, please bring it to my notice ! Thanks, in advance.
Well ... and that's how I feel ...
Showing posts with label BEST. Show all posts
Showing posts with label BEST. Show all posts
Friday, February 16, 2007
This is how much more BEST will charge from 1st April.
Monday, January 01, 2007
BEST's Electricity Rate hike postponed !!
It was a victory, of sorts, of heightened consumer awareness and consumer participation.
At the Public Hearing held by the MERC on 29-12-2006, the BEST's Aggregate Revenue Requirement (ARR) and Tariff hike for the island-city area, presented by their GM, was withdrawn and POSTPONED to Feb 2007 !
In fact this proposal was not even approved by BEST's own Committee, before presentation to MERC/public for discussion.
In addition Rakshpal Abrol, President, Bombay Small Scale Industries Association (BSSIA), also pointed out that as per section 62 (4) of The Electricity Act, 2003 that governs determination of Tariff, "No Tariff or part of any tariff may ordinarily be amended, more frequently than once in any financial year, except in respect of any changes expressly permitted under the terms of any fuel surcharge formula as may be specified."
And since MERC had already passed a BEST Tariff Order on 9-3-2006, which had been implemented from 1-10-2006, therefore MERC is now not empowered to change the Tariff, within one financial year.
MERC agreed and postponed the ARR & Tariff proposal for 2006-07 and the matter will now only be heard in Feb 2007 where the Tariff will be finalised for a three-year period under the new Multi-Year Tariff principle.
During the hearing 3 of the 4 nominated consumer-oriented organisations were absent and the only other designated Objectors who spoke were Rakshpal Abrol, Kirit Somaiya, Sandeep N. Ohri and Navin M. Shetty.
Incidentally, BEST was incorrectly proposing the Tariff under sections of a repealed Act, which was also pointed out by the BSSIA.
As a result, over 10 lakh consumers in the BEST supply area will now have NO tariff hike.
This is the kind of result that alert consumerism can bring about.
Here's wishing you a safe, peaceful and more AWARE 2007 !!
Well ... and that's how I feel ...
At the Public Hearing held by the MERC on 29-12-2006, the BEST's Aggregate Revenue Requirement (ARR) and Tariff hike for the island-city area, presented by their GM, was withdrawn and POSTPONED to Feb 2007 !
In fact this proposal was not even approved by BEST's own Committee, before presentation to MERC/public for discussion.
In addition Rakshpal Abrol, President, Bombay Small Scale Industries Association (BSSIA), also pointed out that as per section 62 (4) of The Electricity Act, 2003 that governs determination of Tariff, "No Tariff or part of any tariff may ordinarily be amended, more frequently than once in any financial year, except in respect of any changes expressly permitted under the terms of any fuel surcharge formula as may be specified."
And since MERC had already passed a BEST Tariff Order on 9-3-2006, which had been implemented from 1-10-2006, therefore MERC is now not empowered to change the Tariff, within one financial year.
MERC agreed and postponed the ARR & Tariff proposal for 2006-07 and the matter will now only be heard in Feb 2007 where the Tariff will be finalised for a three-year period under the new Multi-Year Tariff principle.
During the hearing 3 of the 4 nominated consumer-oriented organisations were absent and the only other designated Objectors who spoke were Rakshpal Abrol, Kirit Somaiya, Sandeep N. Ohri and Navin M. Shetty.
Incidentally, BEST was incorrectly proposing the Tariff under sections of a repealed Act, which was also pointed out by the BSSIA.
As a result, over 10 lakh consumers in the BEST supply area will now have NO tariff hike.
This is the kind of result that alert consumerism can bring about.
Here's wishing you a safe, peaceful and more AWARE 2007 !!
Well ... and that's how I feel ...
Subscribe to:
Posts (Atom)