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Friday, November 22, 2024  
19 Jumada Al-Awwal 1446  

NEPRA approves another hike in electricity tariff by Rs0.83 per unit

A day earlier, the NEPRA raised the electricity tariff by Rs1.53 per unit on a...

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs0.83 per unit in electricity rates but the increase will take effect after a notification is issued by the government.

NEPRA has issued a decision to increase electricity prices, which states that the increase in electricity prices was made on a quarterly basis and the increase in electricity prices was made in the context of adjustment for April to June 2020.

According to NEPRA, the increase in electricity prices has been made for one year which will impose an additional burden of Rs84 billion on the consumers. However, K Electric and Lifeline consumers will be exempted from the increase.

A day earlier, the NEPRA raised the electricity tariff by Rs1.53 per unit on a monthly fuel adjustment basis.

The raise in power tariff was in connection with the fuel adjustment charges and will be applicable in the electricity bills for the month of February. However, the raise will not be applied to the consumers of the K-Electric. NNI