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Retail power to go costlier

Posted by methun

Another round of power tariff hike is set to be announced on Thursday.

Bangladesh Energy Regulatory Commission (BERC) member Selim Mahmud told  on Wednesday the announcement will be made at a news conference at the BERC office in Karwan Bazar in Dhaka.

"The cost of electricity at consumer level (retail) is increasing. The process (of rate fixing) is already complete," Mahmud added.

The BERC member, however, would not reveal the extent of hike now.

BERC had raised bulk price of electricity for the third time this year by 31.16 percent on Nov 24. The increase took effect in two phases: from Dec 1 and subsequently from Feb 1.

The government on Feb 8 raised the average retail power tariffs by five percent to Tk 4.20 from Tk 4 from Feb 1.

The consumer-level tariffs were, however, not applicable for using up to 100 units in houses, irrigation and non-residential religious, social and educational institutions.

Mass hearings on the hike of retail power price were held in the power distributing companies from April to November.

Rural Electricity Board (REB) proposed to raise retail power price by 12. 97 percent, West Zone Power Distribution Company Limited (WZOPDCO) 18.99 percent, Dhaka Electric Supply Company Limited (DESCO) 21.94 percent, Dhaka Power Distribution Company Limited (DPDC) 11.93 percent and Power Development Board (PDB) proposed to raise the tariff by 21 percent.

Selim said the tariff rates would be same for all companies except REB.

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