Hescom to return 10 paise per unit to consumers

Dharwad: Hubballi Electricity Supply Company Limited (Hescom) has good news for its consumers. The company has reduced electricity charges by 10 paise per unit for the financial year 2026–27. This benefit will apply to consumers who were customers during 2024–25.Hescom achieved high efficiency in power procurement, management, and expenditure during 2024–25. During this period, it generated total revenue of Rs 12,112.2 crore from power sales and other sources, while expenditure stood at Rs 11,958.7 crore, resulting in savings of Rs 153.4 crore. The company has decided to return this amount to consumers eligible for the benefit.As per the order of the Karnataka Electricity Regulatory Commission (KERC), the refund will be applicable only to consumers of the 2024–25 financial year. Based on their actual consumption during that period, an amount calculated at 10 paise per unit will be refunded in 12 equal monthly instalments during 2026–27.This amount will be shown separately in electricity bills as "FY25 True-Up Charges." Consumers across Hescom's jurisdiction—including Dharwad, Bagalkot, Vijayapura, Belagavi, Gadag, Haveri, and Uttara Kannada districts—covering domestic and commercial categories, will benefit from this scheme."Due to Hescom's efficient performance in 2024–25, we achieved savings of Rs 153.4 crore. As per KERC orders, this amount will be refunded to consumers at 10 paise per unit. Accordingly, from May 1, the amount will be adjusted equally over 12 months in the bills," said, Hescom MD Vaishali ML.