The Delhi government has issued orders for charging of security deposit on the changed portion of consumers' power load, thus saving them from paying extra to electricity distribution companies.
Delhi Power Minister Satyendar Jain said an order was issued on June 25, after the approval of the Lt Governor, to the Delhi Electricity Regulatory Commission (DERC) for necessary amendments in the DERC Supply Code and Performance Standards Regulation 2017.
As per the old rate the one-time security deposit was Rs 600 per kilowatt. It has now been revised to Rs 900 per kilowatt.
"Only the additional load is to be charged so that consumers do not have to pay extra money," Jain said.
The order is likely to be implemented from next week after necessary changes, he said.
An interest of "eight per cent" will be payable on the amount of security deposit, he said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)