Islamabad: The people in Pakistan are set to face the brunt due to the hike in the prices of electricity rates after the National Electric Power Regulatory Authority approved the government’s request seeking up to Rs 7.12 per unit hike in electricity base tariff for domestic consumers.
Consumers to pay Pakistani Rupees (PKR) 48.84 per unit
With the revised base tariff, domestic consumers will now have to pay Pakistani Rupees (PKR) 48.84 per unit for electricity.
As per Power Division’s notification, the hike will not apply to consumers using up to 200 units per month for three months. National Electric Power Regulatory Authority (NEPRA) approved the government’s request seeking up to Rs 7.12 per unit hike in electricity base tariff for domestic consumers last week.
Accordingly, NEPRA issued its decision of approval on the federal government’s application proposing hikes in electricity tariffs for domestic, commercial, general services, bulk, and agricultural consumers.
Earlier this month, NEPRA approved a hike of PKR 3.3287 per unit in the electricity price for May 2024 on account of monthly fuel charges adjustment (FCA).
For commercial consumers, the federal cabinet has also approved increasing the base tariff by PKR 8.04, agriculture consumers by PKR 6.62, general services by PKR 6.96, and PKR 5.96 for bulk consumers.
Following the hike, the base tariff for agricultural consumers has hit PKR 46.83 per unit and PKR 61.03 per unit for general services.
Pakistan Prime Minister Shehbaz Sharif said that exemption for those households consuming 200 electricity units will be funded from the country’s budget development fund.
(With inputs from ANI)
Pakistan Govt Approves Massive Hike in Electricity Rates, Base Tariff Revised to PKR 48.84 Per Unit world-news World News | Latest International Global World News | Todays Breaking News Headlines
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