Suburban power supplier Adani Electricity has proposed to increase residential tariff only by an average one per cent while it wants to decrease industrial and commercial tariff by 11 to 18 per cent. The electric vehicle (EV) charging points will benefit even more, as the company has asked the state regulator to reduce their tariff by 28 to 38 per cent.

The proposal has been made for the financial years 2023-24 and 2024-25 under the truing up process of the multi-year tariff regulations. As directed by the regulator, the company issued a public notice on Saturday. The Maharashtra Electricity Regulatory Commission will hear the suggestions and objections from consumer representatives and other stakeholders on February 16, through video conferencing before revising the tariff rates across many categories of consumers.