Follow Us on Google News
ISLAMABAD: In another blow to those grappling with inflation, the National Electric Power Regulatory Authority (NEPRA) has announced a significant surge in electricity tariffs.
Effective immediately, consumers will be hit with an increase of Rs2.83 per unit, a direct result of adjustments in March’s fuel charges. This move heralds a notable uptick in electricity bills for the current month, burdening consumers with an additional Rs26 billion in costs. This escalation compounds the economic strain already weighing heavily on households and businesses nationwide.
However, the tariff hike excludes Lifeline and K-Electric customers, providing them with temporary relief from the immediate repercussions of this adjustment.
In April, NEPRA raised the power tariff by Rs2.75 per unit for all consumers across the country, including those in Karachi. Additionally, back in February, NEPRA implemented a Rs7.5 per unit increase in electricity prices as part of the fuel price adjustment (FCA).
NEPRA has stated that the regulatory authority for the power sector approved a Rs7.5 per kilowatt-hour (kWh) increase in electricity tariffs under the FCA for January 2024. This tariff adjustment will be reflected in power consumers’ bills during March 2024.