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Power tariff is likely to reach Rs50 per unit as the National Electric Power Regulatory Authority (NEPRA) has unveiled a plan to increase the basic tariff to meet the stringent conditions set by the International Monetary Fund (IMF), while the regulatory body already approved raising electricity base tariff by Rs4.96 per unit.
Under the new adjustment, the average per unit, including taxes and slabs, is set to rise to Rs50, a decision that is poised to impact consumers across the country.
In an effort to address financial challenges faced by power distribution companies and meet IMF conditions, NEPRA plans to raise the basic tariff by Rs4.96 per unit.
Previously, NEPRA had developed three possibilities for a new base tariff: below Rs. 8 per unit, below Rs. 7 per unit, and below Rs. 6 per unit. Earlier, it determined the base tariff increase of up to Rs. 5 per unit.
To alleviate the impact on customers, debates are still going on as to whether the rise should be introduced in a bulk sum or gradually.
The average tariff per unit will increase from Rs24.82 to Rs30 if authorised. The average cost per unit, including taxes and slabs, will be Rs50.
NEPRA will issue a formal notification detailing the revised rates and implementation timeline.
