Monday, April 15, 2024
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Government To Increase Power Tariffs By Rs14 Per Unit

The federal government has agreed to raise the price of energy by Rs14.24 per unit in order to collect Rs55 billion from consumers for electricity bills that were postponed due to last year’s floods.

According to ARY News on Thursday, in reaction to fuel adjustment taxes, the Energy Ministry has proposed to the National Electric Power Regulatory Authority (NEPRA) that electricity bills be levied at Rs14.24 per unit.

For monthly power usage of 200 units or less, consumers would pay an additional premium of Rs. 10.34 per unit, and Rs. 14.24 per unit for usage of up to 300 units. Farmers would pay the government Rs9.90 per unit over an eight-month period.

Customers of Karachi Electric (KE) will be charged Rs13.87 per unit in fuel adjustment fees at that time. Once Nepra provided its approval, the procedure for collecting the costs would commence.

The National Electric Power Regulatory Authority (NEPRA) earlier approved a 50 paisa per unit rise in electricity costs.

In response to an adjustment made in the current year’s second quarter, the electrical businesses filed a case seeking the recovery of 17 billion rupees.

Following the completion of the hearing, the NEPRA stated that it would issue a final decision after reviewing the data.

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