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Hefty power bills from next fiscal
Hefty power bills from next fiscal, Fuel Surcharge Adjustment, Power bills. Facing strong criticism from the opposition parties and civil society organisations, the government has stopped imposing FSA this year.
- APERC proposes to allow Discoms to charge more than tariff
- Government has stopped collecting FSA this year
- Proposed additional levy will not be called FSA
- APERC seeks suggestions from public by Jan 15
- Discoms spent Rs 2,000 cr on power purchases
Hyderabad: The around 2.5 crore electricity consumers in the State who have been exempted from the FSA (Fuel Surcharge Adjustment) burden this year will be forced to pay hefty power bills from the next financial year 2014-15.
Facing strong criticism from the opposition parties and civil society organisations, the government has stopped imposing FSA this year.
The APERC (AP Electricity Regulatory Commission) has come out with a fresh proposal to allow the power distribution companies (Discoms) to collect the amount incurred on purchase of power from outside the State, in addition to the regular tariff collected from consumers every month.
But to avoid any criticism, it proposes to bring amendments to the Regulation 4 of APERC act of 2005, which says “the distribution licensees shall include the power purchase cost variation (limited to power purchase quantity approved in the tariff order) for previous year as expense in the ARR (Annual Revenue Receipts) as special item.” APERC is now seeking suggestions from the public to levy the additional burden without calling it as FSA.
The officials said that once the proposal is approved, the Discoms would collect the expenditure on power purchase from the consumers all through the year. The Commission sought public views on the proposal before January 15.
It has come up with this proposal, following a request by the power utilities to allow them to collect Rs 2,000 crore spent additionally on purchase of power during the 2013-14 fiscal in its ARR for 2014-15 submitted to the Commission recently.
The Commission also said in the amendment that “since the complete information of cost actually incurred relating to previous year will not be available at the time filing of ARR for a tariff year, the licensee may include provisional cost variation for the previous year in ARR filings which will be subject to final correction by the ERC.” FSA is a provision in the Electricity Act, 2003, which enables the Discoms to recover additional expenses incurred for purchasing fuel, be it coal, gas or RLNG.
