The National Electric Power Regulatory Authority (NEPRA) has approved an increase in power tariffs by Rs 3.76 per unit.
Power Regulatory Authority
According to details, the power regulatory authority has forwarded the decision to increase power tariffs to the federal government, which will issue a formal notification.
As a result of the latest increase in electricity prices, buyers will face higher bills.
With extra costs of Rs 1.90 per unit in June, Rs 1.93 per unit in July, and Rs 1.93 per unit in August.
This tariff increase will impose a further cost of Rs 46.61 billion on electricity consumers and will also apply to K-electric customers.
Consume 200 units
Sources revealed that the government is expected to unveil a new relief package aimed at small consumers who use up to 200 units of electricity per month.
Prime Minister Shehbaz Sharif directed that power tariffs not be increased for those who consume 200 units of electricity per month.
Tariffs in fiscal year 2024-25
The Prime Minister’s Office, Shehbaz Sharif rejected the economic team’s proposal to increase electricity rates for protected consumers.
Instead, these consumers will receive a subsidy, ensuring that approximately 20 million protected users do not face an increase in electricity tariffs in the fiscal year 2024-25.
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