Synopsis
Maharashtra Electricity Regulatory Commission has approved significant tariff reductions for over 34 lakh Adani Electricity consumers, effective from April 1, 2025. The reductions include an average cut of 10% in FY26 and 11.7% in FY27, along with new incentives for renewable energy and EV charging.Key Takeaways
- 34 lakh consumers to benefit from tariff cuts.
- Average 10% reduction in FY26 and 11.7% in FY27.
- Green Tariff premium reduced to Rs 0.25/unit.
- EV tariffs set at Rs 8.08/unit (LT) and Rs 8.24/unit (HT).
- Encouragement for 100% renewable energy adoption.
Mumbai, March 29 (NationPress) Over 34 lakh customers of Adani Electricity are poised to benefit from the tariff reductions approved by the Maharashtra Electricity Regulatory Commission (MERC), which will take effect on April 1, 2025.
According to the MERC directive, these consumers will experience an average 10 percent decrease in tariffs for FY26 and an additional 11.7 percent reduction in FY27.
An Adani Electricity representative stated on Saturday that this MERC decision will provide lasting relief for consumers without any rise in fixed charges.
“The Green Tariff premium has been lowered to Rs 0.25/unit, making it easier than ever to access 100 percent renewable energy. Electric Vehicle (EV) users continue to benefit from the lowest rates in Mumbai at Rs 5.48/unit under a simplified single-part tariff model. Improved time-of-day (ToD) rebates and new usage-based incentives further enhance value,” the spokesperson mentioned.
“These adjustments reinforce our dedication to providing reliable and sustainable electricity at the most competitive rates in the city,” the spokesperson added.
EV charging will now be billed under a single-part tariff with no fixed charges. Following MERC's approved rates, the LT EV tariff stands at Rs 8.08/unit and the HT EV tariff at Rs 8.24/unit for FY 2025–26.
The premium for choosing 100 percent renewable energy has been decreased to Rs 0.25/unit, down from Rs 0.66/unit, encouraging higher consumer participation.
Revised ToD slabs promote solar-hour and off-peak usage, allowing eligible consumers to save on their bills.
These modifications empower consumers to better manage their electricity expenses through lower and more predictable EV charging rates, easier access to green energy, time-based savings for altering usage, efficiency-linked billing for larger LT users, and rebates for high-volume consumption.
The state power regulator has sanctioned a 10 percent tariff reduction for FY 2025-26 and a cumulative decrease of 16 percent by FY 2029-30 compared to the existing tariffs (including Fuel Adjustment Cost). This initiative was facilitated by a projected revenue surplus of Rs 44,481 crore along with a corresponding reduction in the overall average cost of supply.
