Nepra’s decision will elevate the average basic electricity tariff from Rs 29.78 to Rs 35.50 per unit.
ISLAMABAD: The federal cabinet has approved a significant increase in the basic electricity tariff, adding to the financial burden on consumers.
Sources indicate that the approval was granted through a summary circulation within the federal cabinet. The National Electric Power Regulatory Authority (Nepra) had proposed the increase, which raises the basic electricity tariff by Rs 5.72 per unit for the financial year 2024-25, effective from July 1, 2024.
Nepra’s decision will elevate the average basic electricity tariff from Rs 29.78 to Rs 35.50 per unit. The federal cabinet’s approval will now be sent back to Nepra for the implementation of a uniform tariff.
Read more: Nepra Proposes New Fixed Charges for Domestic Electricity Consumers
Following Nepra’s final nod, the federal government is expected to issue a formal notification regarding the new tariff rates. This decision is anticipated to have widespread implications for households and businesses alike, as the country grapples with economic challenges.
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