Power in Punjab cheap by 3.5 percent from April 1

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Patiala, Mar 30 (UNI) Power in Punjab will be cheaper by 3.5 per cent from April 1 as Punjab state electricity Board (PSEB) will stop charging increased tariff from its consumers in 2007-2008.

The Punjab State Electricity Regulatory Commission (PSERC) had increased power tariff in September last year. Though the tariff has increased from April 1, it came in to enforce from September 1.

The average increase for the whole year is 4.90 per cent.

However, as the tariff is to be recovered in the remaining seven months, after annulisation it will become 8.4 per cent. The tariff was raised in September last after a gap of almost two years.

This year the PSEB has left the matter for tariff revision entirely on PSERC.

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