MUMBAI: If you are a residential power consumer in South Mumbai and consume an average of 250 units every month, your BEST power bill would now be approximately Rs 984 under the new tariff instead of around Rs 1104 previously. If you are a Tata Power customer in suburban Mumbai, your monthly bill for 250 units would now be approximately Rs 760 against Rs 824 under the old tariff, show calculations by power experts. However, RInfra consumers will be in for a rude shock.
With the recent 7% hike in tariff allowed by MERC, the bill of an RInfra consumer in the suburbs for 250 units would be around Rs 1372 a month against Rs 964 previously.
However, if you have recently shifted to TPC from RInfra then the bill for consuming 250 units would be Rs 1016 as it includes the wheeling charges which TPC has to pay for using Reliance's wire network to provide you power.
Maharashtra Electricity Regulatory Commission (MERC) on Tuesday slashed the tariff rates of BEST consumers by 10% to 15%, bringing cheer to its 10 lakh consumers in the island city. As for TPC consumers, households consuming up to 300 units have got 7-19% reduction in rates. Tariff for higher slabs for TPC consumers has, however, increased by an average 5% to 8% per unit.
Similarly for 100 units' consumption, RInfra bill will now be Rs 379 against Rs 237 earlier while Tata power would be Rs 214 against earlier Rs 243 per month for 100 units. In BEST area burning 100 units will cost you Rs 283 instead of Rs 321 per month, the rough calculations by us show. For switchover consumers the bill will charge Rs 341 against 100 units consumption in a month.
Consumers who burn up to 350 units with BEST will see their bill go down to Rs 1553 from Rs 1740, with Tata Power it will be Rs 1220 instead of Rs 1284. But the RInfra will now bill Rs 2228 against Rs 1608 for 350 units. On the other hand, the switched-over consumer will pay Rs 1651 for consumption of 350 units a month.
The revised power tariffs makes it convenient for people consumping 0-100 & 100-300 units every month to migrate to BEST and TPC. This has become an especially profitable proposition for the around 12 lakh low-end consumers of RInfra.
Tata Power, with this new tariff structure in place from September 1, has emerged as the cheapest power supplier in Mumbai. For BEST and RInfra, the two major licensed distribution utilities in Mumbai, the major chunk of their respective power consumers are in the residential category, comprising almost 85% of their total consumer base on an average.
However, for Tata Power it is exactly the opposite, an advantage which helps it to subsidise the residential category. So far around 70,000 low-end consumers have benefited by the switchover to TPC.