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Punjab slashes power tariffs ahead of polls in major relief for consumers

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In the run-up to the Punjab Vidhan Sabha polls, the power tariff for 2026-26, for all category of consumers in the state has been reduced from 50 paisa per unit to are 1.50 per unit.Elections in the state are due in a few months. The overall relief to the power consumers is Rs 7,851.91 crore.The average cost of supply of power has come down from Rs 7.15 per kWh to Rs 6.15 per kWh. The reduced tariffs will also benefit the government as it curtails the burden of power subsidies.The tariff order, announced by the Punjab State Electricity Regulatory Commission (PSERC), will come into effect from April 1. For the domestic supply, the reduction in power tariff is between 55 paisa to Rs 1.55 per unit for commercial consumers, the difference in tariff is 50 paise to 79 paisa per unit, and for industrial consumers the relief varies from 12 paisa to 75 paisa per unit.The tariff for electric vehicle charging has been reduced to Rs 5 per kVAh, which is the lowest in the country.“Cross-subsidies have been kept within the ±20% limits in line with theprovisions of the National Tariff Policy,” Vishwajit Khanna, chairman of PSERC, told The Tribune.

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