Overview
- Regulator MERC approved MSEDCL’s multi-year plan that lowers electricity rates for homes, businesses, and factories each year through 2029–30, with the new prices starting April 1 and no category facing an increase.
- Households using up to 100 units a month will see the average rate move from ₹7.31 to ₹7.10 now, with this slab scheduled to fall by a total of 26% over five years.
- Domestic users with smart meters get a bigger daytime break of 85 paise per unit in 2026–27, while industry and shops keep Time-of-Day rebates of 15% from April to September and 25% from October to March during 9 am to 5 pm solar hours.
- MERC fixed EV charging at ₹9.50 per unit for both high- and low-tension stations for 2026–27 through 2028–29, and housing societies may set up low-tension chargers on their premises.
- The order replaces an earlier version that courts set aside, after the Supreme Court told MERC to redo the process with public hearings and full technical review, giving price certainty through 2030.