In a major relief to electricity consumers across Maharashtra, the state government has announced a significant reduction in electricity tariffs for the next five years. Chief Minister Devendra Fadnavis shared this development via a post on social media platform ‘X’, calling it a historic decision.
For the first time in the state’s history, Maharashtra State Electricity Distribution Company Limited (Mahavitaran) submitted a proposal to reduce electricity tariffs, which has now been approved by the Maharashtra Electricity Regulatory Commission (MERC). The decision will benefit domestic, industrial, and commercial consumers alike.
Immediate 10% reduction in the first year
Phased reduction of up to 26% over the next five years
Maximum benefit to domestic users consuming less than 100 units, who make up nearly 70% of the total consumers
Chief Minister Fadnavis stated, “Good news for electricity consumers! For the first time in the history of the state, electricity rates will be reduced by 10 percent in the first year and by 26 percent over five years through a phased reduction. We thank MERC for approving Mahavitaran’s proposal.”
Highlighting the shift in policy, Fadnavis added, “Earlier, petitions used to be filed to increase electricity tariffs by 10 percent. But this time, Mahavitaran filed a petition seeking a reduction, which has been approved. This will benefit all three consumer categories — domestic, industrial, and commercial.”
The decision is expected to ease the financial burden on households and boost industrial competitiveness, especially for small and medium enterprises that have long demanded affordable energy.
The implementation of the new tariff structure is likely to begin shortly, bringing much-needed relief to millions of consumers across the state.