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MERC Finalizes Major Power Tariff Reductions for Maharashtra Consumers

Starting April 1, 2025, millions of residents and businesses will benefit from lower electricity costs, renewable energy incentives, and EV-friendly policies.

In shocker, MERC approves higher tariffs than those demanded by power companies

Overview

  • Mahavitaran consumers will see a 10% tariff reduction in FY 2025-26, with a cumulative 16% decrease by FY 2029-30, benefiting over 3.16 crore users.
  • Adani Electricity customers, including 34 lakh consumers, will experience a 10% reduction in FY 2025-26 and an 11.7% cut in FY 2026-27.
  • The Green Tariff premium for 100% renewable energy has been reduced to Rs 0.25/unit, encouraging wider adoption of sustainable energy sources.
  • Electric vehicle users will benefit from a simplified single-part tariff structure, with an 8-10% reduction in EV charging costs and no fixed charges.
  • Cross-subsidy charges for industrial and commercial users have been reduced, along with reclassification of hotels and resorts under the industrial tariff category to promote tourism and industrial growth.