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.
