New Delhi: Consumers have strongly opposed the move to increase the power rates in the national capital. Following a recent hike in electricity rates, the Delhi Electricity Regulatory Commission (DERC) organised a public hearing on Fuel Adjustment Cost (FAC) mechanism on Tuesday. Representatives of Resident Welfare Association (RWA), market and traders associations took part in the event.

The representatives hailed the hike as unnecessary and claimed to approach the court if the companies show lack of transparency in the system. They asked for details of the losses incurred by the companies and to implement hikes accordingly.

However, the power companies have already filed a petition with the Energy department advocating the increase in power tariffs due to higher costs of inputs used to produce electricity.

The consumers present at the open hearing raised voice on the disproportionate rise in the power tariffs. They said the rise in fuel prices is much lower than the hikes implemented by the power companies. They alleged that the power companies have not made their profits visible in the balance-sheets as well.

A member of RWA, Rajeev Kakaria said, “There has been a four percent hike in the prices of gas and coal used in the production of electricity. But the power companies have raised their rates from 50 to 60 percent. They have no data on their losses and their gains.” The annoyed consumers have asked for a CAG inquiry into the matter.

Calling the public hearing as a wasteful exercise, Anil Sood, Chairman, Chetna (non-governmental organization) said, “Until there is no solution on the issue, the hike in the electricity rates must not be put into action.”

Present on the occasion were officials of BSES Yamuna, BSES Rajdhani and NDPL and DERC.