In accordance with the laws and guidelines of the federal government and the National Electric Power Regulatory Authority (NEPRA), the electricity suppliers modified the electricity pricing structure.
The electricity prices and tariff structure have undergone a number of adjustments, according to a press statement from Karachi-Electric (K-E), which will take effect in July and apply to the entire country, including the utility’s service area.
According to the press release, NEPRA and the government of Pakistan have the authority to decide how much electricity consumers across Pakistan will pay for in their bills.
“These changes include the non-extension of relief for zero-rated industries as well as the relief on peak-hour electricity consumption for industrial consumers. The retailer tax with revised slabs has been introduced for commercial consumers,” it said.
The K-E stated that the non-time-of-use home users, or those with a sanctioned load under 5 kilowatts, will also see a change in their applicable tariff and in the mechanism used to calculate it.
It stated that the “protected” consumers were those non-ToU residential consumers who had monthly electricity usage of 200 units or less over the previous six months, as per tariff parameters provided by the government under its Power Subsidy Rationalization Plan and by NEPRA.
According to the K-E, all other non-ToU residential customers fall under the category of “Unprotected,” and they formerly received the advantage of one previous slab in their billing (i.e., their billing was done in two slabs), which has since been eliminated.
“Consumers in the unprotected category will now only be charged on one slab in which their units fall. Accordingly, tariff rates have also been adjusted downwards to minimize the impact on consumers,” the press release said.
Retailer tax on unregistered retailers had been modified in accordance with the Finance Act 2022. Beginning on July 1, commercial tariff customers will be assessed a minimum fixed tax of Rs. 3,000 for bills between Rs. 0 and Rs. 30,000.
“Monthly bills between Rs. 30,001 and Rs. 50,000 will be taxed Rs. 5,000, while those with monthly bills above Rs. 50,001 will be taxed Rs. 10,000,” it said, adding, “Inactive income taxpayers will be charged twice the taxable amounts.”
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