Lucknow, July 3 -- Electricity consumers in Uttar Pradesh will not face any tariff hike for the seventh consecutive year after the Uttar Pradesh Electricity Regulatory Commission (UPERC) retained the same power rates for all consumer categories for 2026-27, citing an accumulated regulatory surplus with state distribution companies despite a projected revenue gap.

The regulator approved an annual revenue requirement (ARR) of Rs.1.14 lakh crore for the state's five discoms against a projected requirement of Rs.1.19 lakh crore. It estimated a regulatory gap of Rs.2,579.56 crore, but said an accumulated regulatory surplus of Rs.11,602.24 crore as on April 1, 2026, eliminated the need for a tariff increase.

In previous years too, the commiss...