The Maharashtra Government announced an average of 8 per cent electricity tariff cut for the next five years to help businesses and people tide over the Covid-19 crisis. Industrial consumers in the state (excluding Mumbai) will see a tariff cut of 10-12% while residential ones will see their rates go down by 5-7%. In the financial capital, state-owned BEST's tariffs for industrial consumers will go down by 7-8%, while the same for commercial establishments will be down 8-9% and residential dwellings will get a 1-2 % reduction.