The Karnataka Electrical energy Regulatory Fee (KERC) on Thursday allowed vitality provide firms (ESCOMs) to get well the federal government’s share of pension and gratuity (P&G) contributions from shoppers. This has resulted shoppers to pay an additional 36 paise per unit from 1 April, reported PTI.
In response to the report, the P&G contributions might be revised for FY 2026-27 and FY 2027-28, with shoppers paying 35 paise and 34 paise per unit, respectively.
Following the Authorities of Karnataka’s order, the Fee permits ESCOMs to get well the federal government’s portion of pension and gratuity contributions uniformly from their shoppers as ‘P&G Surcharge (Authorities Portion),’ acknowledged the KERC order dated March 18.
“The aforesaid levy shall come into impact from April 1, 2025, and stay in pressure for all the period of the management interval, commencing from FY 2025-26 and concluding in FY 2027-28, or as determined by the federal government once in a while,” PTI quoted KERC as saying.
