Thiruvananthapuram: The Minister of Electricity, K. Krishnankutty, has issued a warning that electricity rates will undergo annual increases, urging the public to prepare for this inevitable reality. He emphasized that there are no viable alternatives to rate adjustments, and the regulatory commission will proceed in accordance with their decisions.
The Kerala State Electricity Board (KSEB) announced a tariff hike in the state, effective from yesterday. The average rate increase stands at 20 paise per unit. Notably, there is no rate hike for consumers who use up to 40 units per month, while those consuming up to 100 units per month will see an additional monthly cost of Rs. 20.
Although KSEB initially proposed a rate increase of 40 paise per unit, the regulatory commission reduced it to 20 paise. Consumers using up to 50 units per month will experience a monthly increase of Rs. 10, while those using 550 units will face an additional monthly expense of Rs. 250. The rate hikes also extend to institutions such as hospitals and educational establishments.