Domestic consumers using smart meters will receive an additional 10 per cent discount under the Time-of-Day tariff structure for daytime electricity usage.
The Maharashtra Electricity Regulatory Commission (MERC) has approved a historic proposal to reduce power tariffs for the next five years in a major relief to electricity consumers across the state.
For the first time in the state’s history, the power utility—MahaVitaran—approached the commission with a plan to reduce electricity rates, and the decision is now set to benefit households, industries, and businesses alike. According to the MERC order, domestic consumers using smart meters will receive an additional 10 per cent discount under the Time-of-Day tariff structure for daytime electricity usage. Households generating solar power will also be incentivised under this new framework. The new rate structure ensures that the maximum benefit reaches lower consumption categories—nearly 70 per cent of the state’s domestic users consume less than 100 units, and they will see the highest drop in rates.
Maharashtra Chief Minister Devendra Fadnavis welcomed the commission’s decision, calling it “historic and consumer-friendly". He highlighted that for decades, electricity rate petitions often proposed hikes of 10 per cent or more. “This time, MahaVitaran has reversed the trend and proposed a tariff reduction—which has been approved. It’s a moment of pride to announce this decision that will positively impact nearly every electricity user in the state,"said Fadnavis.
For the first time in the state’s history, the power utility—MahaVitaran—approached the commission with a plan to reduce electricity rates, and the decision is now set to benefit households, industries, and businesses alike. According to the MERC order, domestic consumers using smart meters will receive an additional 10 per cent discount under the Time-of-Day tariff structure for daytime electricity usage. Households generating solar power will also be incentivised under this new framework. The new rate structure ensures that the maximum benefit reaches lower consumption categories—nearly 70 per cent of the state’s domestic users consume less than 100 units, and they will see the highest drop in rates.
Maharashtra Chief Minister Devendra Fadnavis welcomed the commission’s decision, calling it “historic and consumer-friendly". He highlighted that for decades, electricity rate petitions often proposed hikes of 10 per cent or more. “This time, MahaVitaran has reversed the trend and proposed a tariff reduction—which has been approved. It’s a moment of pride to announce this decision that will positively impact nearly every electricity user in the state,"said Fadnavis.
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