Dharwad: Hubballi Electricity Supply Company Limited (Hescom) has announced a reduction in electricity charges by 10 paise per unit for the financial year 2026–27. This benefit is applicable to consumers who were customers during the 2024–25 financial year.
Efficiency Leads to Savings
Hescom achieved high efficiency in power procurement, management, and expenditure during the 2024–25 period. The company generated total revenue of Rs 12,112.2 crore from power sales and other sources, while its expenditure stood at Rs 11,958.7 crore. This resulted in savings of Rs 153.4 crore, which the company has decided to return to eligible consumers.
Refund Mechanism
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 installments 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.
Hescom MD Vaishali ML said, "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."
This move is expected to provide relief to millions of consumers in the region, reflecting the company's commitment to operational efficiency and customer satisfaction.
