Bangladesh Energy Regulatory Commission (BERC) sets public hearing on retail power tariff hike by distribution companies on January as distribution companies proposed to raise the tariff by 19.92 percent.
The state-owned distribution companies submitted their respective proposals to the Bangladesh Energy Regulatory Commission (BERC) last month to raise power tariff at the retail level.
The state-owned Bangladesh Power Development Board (BPDB) had submitted its proposal to the energy regulator seeking Tk 1.47 hike per kilowatt hour (each unit) at the retail level.
BPDB wanted to raise the retail tariff by 19.44 percent, to Tk 9.03 per unit from the existing Tk 7.56 per unit.
The retail power tariff proposal was placed by BPDB within the next day after the bulk power tariff was raised.
BERC raised the bulk power tariff by 19.92 percent – to Tk 6.20 per kilowatt hour (each unit) from the previous Tk 5.17 – with effect from December 2022, disposing a review appeal of the BPDB.
As per the BERC Act 2003, after receiving any proposal from any power distribution entity on tariff adjustment, BERC will hold a public hearing to listen to the opinions of different stakeholders and then it will announce its decision within 90 days from the conclusion of the hearing procedures.