Maharashtra State Electricity Distribution Company Limited (MSEDCL) raises Fuel Adjustment Charge (FAC) alongside a recent 37% hike in power distribution slab rates. This double impact raises concerns about the financial burden on electricity users in the region, emphasizing the need for consumer awareness amid these pricing adjustments.Maharashtra State Electricity Distribution Company Limited (MSEDCL) has implemented an escalated Fuel Adjustment Charge (FAC) to offset the costs of procuring expensive power during the peak summer season, ensuring continuous electricity supply. The rise in FAC, approved by the Maharashtra Energy Regulatory Commission (MERC), will be reflected in January bills for power consumption from December 2023.Energy experts anticipate a surge ranging from 25 to 65 paise per unit, resulting in a minimum bill increase of Rs 300 for residential consumers. MERC had mandated the inclusion of FAC in consumer bills back in 2020. The FAC rates remain constant from November to December, varying from 0.10 to 0.65 paise per unit across different consumption categories.Notably, both residential and industrial sectors will bear the brunt of the extra charges, with industries facing an additional expense of 30 to 40 paise per unit. Despite the recent uptick in electric vehicle sales, the FAC increase poses a challenge, especially considering the ongoing fuel scarcity affecting truckers. The combined impact of a historic power tariff hike and additional charges for costly power procurement presents a double blow for consumers, raising concerns among industry experts.
