The people of the country’s financial capital Mumbai have got a big shock of inflation on the very first day of April. Because the electricity prices have increased here. from April 1, 2023, the electricity prices in Mumbai will increase by 5 to 10 percent.
From April 1, 2023, the consumption of electricity in Mumbai is going to be expensive. According to media reports, power companies have increased electricity rates by 5 to 10 percent for residential customers in Mumbai. The Maharashtra Electricity Regulatory Commission ( MERC) has announced that electricity rates in Mumbai are being increased by 5 to 10 percent from today.
As per media reports, MSEDCL customers may have to pay 6% more for electricity in 2023-24 and 2024-25. At the same time, electricity rates for customers of Best Company may increase by 6.19 percent in 2023-24 and 6.7 percent in 2024-25. Adani residential customers will face 5 percent in FY 2023-24 and 2 percent hike for FY 2024-25. Tata Power customers can see an increase of 10 per cent in 2023-24 and 21 per cent in 2024-25. This company offered cheapest tariffs for 0 to 100 units users.
