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Sunday, December 22, 2024  
20 Jumada Al-Akhirah 1446  

Nepra approves Rs1.11 per unit increase in electricity tariff

NEPRA decision will not be applicable to electric consumers of...

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Monday notified a Rs1.11 per unit increase in electricity tariff under monthly fuel price adjustment for electricity consumed in September to generate over Rs12 billion.

The burden will be more than Rs12 billion on electricity consumers while additional collection from consumers will be collected in December bills, the TV channel reported.

NEPRA decision will not be applicable to electric consumers of K-electric.

In September the production cost was Rs3.95 per unit in comparison to the Rs2.84 advanced production cost per electricity tariff.

Earlier, the TV channel reported on Friday the Central Power Purchasing Agency (CPPA), seemingly, was looking for multiplying the hardships experienced by the inflation-hit people with a request to hike the electricity tariff by 57 paisas.

In this connection, the CPPA filed an application with the National Electric Power Regulatory Authority (NEPRA).

This increase is being demanded under the monthly-fuel adjustment – a repeatedly-used tool to further burden the consumers who are already facing the worst inflation rate in the country’s history amid the ever-increasing employment and zero increase in salaries or income.

Last month, a total of 9.97 billion units of electricity were generated at a cost of Rs43.17 billion. And the most expensive share of this generation was diesel at a rate of Rs19.83 per unit followed by Rs12.17 for furnace oil.

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