Nepra okays power tariff increase by Rs7.5 per unit
Islamabad_National Electric Power Regulatory Authority (NEPRA) on Wednesday approved Rs7.50 hike per unit in power tariff which will certainly take a heavy toll on the electricity bills.
The power regulator granted approval for government’s request to increase basic power tariff by up to Rs7.50 per unit. NEPRA has forwarded the decision to the federal government for notification and following it, the new tariff will be applicable from July 1.
It has been announced that lifeline customers will be exempted from the hike in electricity prices. According to the decision, there will be an increase of Rs6 per unit in peak hour tariff. The increase in the basic tariff will generate a revenue of Rs600 billion for the government. The average tariff has risen from Rs22.59 to Rs29.36. For users consuming up to 300 units, the average tariff will reach Rs50 after adding taxes while for those using up to 700 units, the tariff will exceed Rs60 with addition of taxes and surcharges,
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For domestic consumers using up to 100 units per month, power costs Rs3 per unit and for those consuming between 101 and 200 units, there is a price increase of Rs4 per unit. Those using 201 to 300 units per month will be charged Rs5 per unit. For customers who consume between 301 and 400 units, there is a hike of Rs6.50 per unit. The tariff for consumers between 401 and 700 units and above has been raised by Rs7.50 per unit.