New Electricity Rules 2022
Recently, the gazette notification on the Electricity (Amendment) Rules, 2022 was notified by the government.
About the New Rules
- The Centre introduced the Electricity (Amendment) Rules, 2022, to amend the Electricity Rules, 2005.
- Rule 14 of the Rules requires the State electricity regulatory commission to specify a price adjustment formula for automatically passing on the costs through the consumer tariff on a monthly basis.
- Fuel and power purchase adjustment surcharges shall be calculated and billed to consumers, automatically, without going through the regulatory approval process, on a monthly basis, according to the formula, prescribed by the respective State Commission.
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