In the last 12 years, domestic electricity prices have increased by 64 percent and non-domestic electricity prices by 83 percent in MP, preparations to increase them again by 3.86%.

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In the last 12 years, domestic electricity prices have increased by 64 percent and non-domestic electricity prices by 83 percent in MP, preparations to increase them again by 3.86%.

Bhopal. People of Madhya Pradesh are going to get electric shock. Madhya Pradesh Power Management Company is once again preparing to impose the burden of electricity bills on domestic and non-domestic electricity consumers. The company is going to increase the electricity price by 3.86 percent. In the coming financial year 2024-25, the power company has proposed a 3.86 percent increase in electricity prices by giving a difference of Rs 2046 crore. Its biggest impact will be on middle class electricity consumers. Let us tell you that in the last 12 years, the prices of domestic electricity have increased by 83 percent and the prices of non-domestic electricity have increased by 64 percent.

Suggestions and objections have been sought till 22 January
The power company has filed a petition in the Regulatory Commission. In the petition, it has been proposed to increase the load on commercial and industrial category consumers in the state by 15 percent. Taking all categories together, the company has proposed an average increase of 3.86 percent for the year 2024-25. Madhya Pradesh Electricity Regulatory Commission has sought suggestions and objections till January 22. An advocate knowledgeable in electricity matters has objected to the Madhya Pradesh Electricity Regulatory Commission, saying that electricity companies have directly and indirectly proposed an increase in tariff by 15 percent for commercial institutions and industries, which is very high.

12 years ago the price per unit was Rs 4.07
The price of domestic electricity was Rs 4.07 per unit 12 years ago. It has now increased to Rs 6.49. The lower class is troubled by expensive electricity. However, due to the subsidy of 100 units of electricity at Rs 100, the impact of the increased prices on them will be negligible. Middle class families will face the most difficulty, whose average monthly consumption is more than 150 units.

Understand this way…what happened in which year?
According to the information, in 2008 and 2009 the electricity company increased the rate by only three paise. Price cuts in 2013 and 2014. In the year 2012-13, the price per unit of electricity was Rs 4.66. It decreased to Rs 4.35 per unit in 2013-14. In 2018, the price was Rs 5.85 per unit, which increased to Rs 5.95 in the year 2018-19. Electricity prices increased by 1.98 percent in 2020. On June 30, the Commission approved increasing electricity prices by 0.69 percent for the financial year 2021-22.

Electricity prices increased like this year after year

YeardomesticAgricultureindustry
2011-124.073.285.47
2012-134.663.575.81
2013-144.353.615.76
2014-154.683.725.85
2015-165.043.996.69
2016-175.344.537.30
2017-185.855.167.97
2018-195.955.027.45
2019-206.435.468.54
2020-216.295.609.43
2021-226.425.739.19
2022-236.365.919.65
2023-246.496.028.99

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