Power rates in Bengaluru would increase by 43 paise per unit during the following six months.

Bangalore Electricity Supply Company will charge 43 paise more per unit consumed by electricity users for the next six months . The Karnataka Electricity Regulatory Commission accepted an initiative by electricity supply companies to amend the accumulated fuel adjustment fees (FAC) The FACs are designed to adjust monthly electricity rates based on variations in fuel prices like coal and other resources .

Bangalore Electricity Supply Company (Bescom) will charge 43 paise more per unit consumed by electricity users for the next six months, as announced by Niranjan Kaggere.Since the Karnataka Electricity Regulatory Commission accepted an initiative by electricity supply companies to amend the accumulated fuel adjustment fees (FAC), electricity users are charged more.Consumers will be charged 43 paise more per unit until March 31, according to the affidavit distributed by Bescom.Any person who consumes more than 100 units a month will pay up to Rs 40 more on their monthly bill as a result of the 43-paisa increase.

Sources say the additional cost is due to an overall increase in the power purchase price over the last month.The FACs are designed to adjust monthly electricity rates based on variations in fuel prices like coal and other resources.We (the energy department) were able to recover a portion of these variable costs until recently.According to a senior Bescom officer, KERC has updated the regulations and allowed Escoms to recover the remaining cost directly from customers as part of the central government's new directive.

According to engineers, Bescom would be levied the rising coal prices and other costs associated with producing thermal energy, which is then passed on to customers.Officials added that the current hike would be scrapped once the accrued fuel charges are paid back fully.