Nepra hikes power tariff by Rs 4.92 per unit ahead of Eidul Fitr
The National Electric Power Regulatory Authority (Nepra) approved on Monday a significant hike in electricity tariffs just days before the upcoming Eidul Fitr festivities.
Islamabad: Nepra hikes power tariff by Rs 4.92 per unit ahead of Eidul Fitr. According to the notification, the cost of electricity has surged by a staggering Rs 4.92 per unit, effective immediately. The decision, reportedly stemming from adjustments made in February’s monthly fuel assessment, has triggered outrage among citizens who view it as an imposition of undue financial burdens.
Expressing their dismay, many have characterized the move as the government dropping “electric bombs” on the populace, particularly as it coincides with preparations for Eid celebrations.
However, Nepra has clarified that the tariff hike will not apply to Lifeline customers and consumers of Kelectric, offering some respite to the most vulnerable segments of society. Nevertheless, the additional burden imposed on other consumers is expected to reflect in their upcoming April bills.
Furthermore, the surge in electricity tariffs is anticipated to contribute to an estimated additional sales tax burden of 40 billion rupees on consumers, compounding their financial woes.
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The National Electric Power Regulatory Authority (abbreviated as NEPRA) is responsible for regulating the electricity supply in Pakistan. It is also responsible for issuing licences for generation, transmission and distribution of electricity, establishing and enforcing standards to ensure quality and safety of operation and supply of electric power to consumers; approving investment and power acquisition programs of utility companies; and determining tariffs for the generation, transmission, and distribution of electric power. NEPRA was created when the Parliament of Pakistan passed the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997.
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