Power consumers, on Saturday, expressed relief after it was confirmed that electricity distribution companies had not implemented the proposed hike in the tariff payable for electricity nationwide. Some power distribution firms had announced on Sunday, June 25, 2023, that there would be a hike in tariff from July 1, 2023. But the development caused apprehension among power consumers as many prepaid consumers rushed to buy more units in their meters, while anticipating a possible hike in tariff. Furthermore, collection losses arise from difficulties in retrieving payments from consumers,” the commission stated. It said the ATC&C losses were grouped into technical losses, which include heat losses due to load flow in electrical lines and transformation loss in transformers.

Source: Punch July 02, 2023 07:42 UTC