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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has hiked electricity prices by 48 paise per unit for one month.
According to NEPRA, the price hike is in line with the August fuel price adjustment. The cost of generating electricity in August was Rs 3.68 per unit. In August, the advance fuel cost of electricity was Rs 3.20 per unit. Additional charges from customers will be made in November. The decision will not apply to K-electric customers.
Read more: NEPRA takes notice of electrocution deaths in Karachi
Consumers will be burdened with more than Rs 5 billion. NEPRA had increased the rate by 83 paise per unit last month, imposing an additional burden of more than Rs 10 billion on consumers. Last month’s increase was in line with the July 2020 adjustment.
On September 24, NEPRA had approved an increase of Rs1.6 per unit under the quarterly adjustments for the 2nd and 3rd quarters of 2019-20, enabling the distribution companies to collect Rs164.870 billion from power consumers within the next one year.
