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

NEPRA approves Rs1.15 tariff hike for all electricity consumers

They will collect over Rs22b from power consumers
Men work on electric pylons along the roadside in Karachi on May 30, 2021. AFP
Men work on electric pylons along the roadside in Karachi on May 30, 2021. AFP

The National Electric Power Regulatory Authority (Nepra) approved an additional across-the-board charge of Rs1.15 per unit for electricity consumers throughout the country to collect over Rs22 billion from the power consumers.

“The authority hereby allows the positive quarterly adjustments of Rs22.297 billion pertaining to the first quarter of the FY2023-24, to be recovered from the consumers of ex-Wapda distribution companies (XWDISCOs) in a period of three months i.e. January 2024 to March 2024,” read a determination issued by Nepra.

The increase has been allowed under quarterly tariff adjustment on the request filed by the XWDISCOs for periodic adjustment in tariff for the first quarter July to September 2023.

Moreover, K-Electric consumers would have to pay a cumulative additional cost of Rs2.87 per unit in the upcoming three months. The decision has been taken with an aim to clear the backlog on account of quarterly tariff adjustments.

Earlier, the regulatory authority had increased the tariff by Rs3.07 at the commencement of December after approving the request filed by the DISCOS.

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