KERC order on Wheeling and Banking charges for RE generators
Karnataka Electricity Regulatory Commission through an order dated 9th Oct 2013 has decided to extend the validity of order (dt – 11.07.2008) till end of current financial year, which was previously mandated to be valid only till 10th July 2013. The key points in this order are the following:
1) The wheeling charges and banking charges will continue to be 5% of the injected energy and 2% respectively along with additional UI charges between the time of injection and time of drawal.
2) Captive consumers of the state wanting to avail the benefits under the REC scheme will have to pay normal transmission, wheeling and banking charges.
Normal wheeling charges –
For HT network – 9.85 paise per unit
For LT network – 22.99 paise per unit.
3) Captive generators will be allowed to bank the excess energy, accounting of which will be done on monthly basis (instead of annual basis).
4) Excess energy (if any) with the distribution licensee, at the end of the month, shall be paid by the DISCOM (in whose generator is plant is situated) at the APPC rate. Currently, the APPC rate is 3.07 Rs per unit.
5) The commission will shortly issue a separate format of wheeling/banking agreement for RE generators willing to participate in REC mechanism.