The National Electric Power Regulatory Authority (NEPRA) on Friday approved an increase in the electricity tariff of 1.95 rupees per Unit, which charges consumers an additional 200 billion rupees.
According to media reports, the rate hike will affect all consumers, including lifelines using 50 units per day. Month. K-Electric customers are exempt from the rate increase.
At the request of the federal government, approval was granted for the application of a unified tariff plan for all ex-WAPDA sales companies along with a “targeted tariff differentiation of Rs 185 billion” to ensure a uniform tariff.
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After the increase, the average electricity tariff per Unit is from 14.38 to 16.13 rupees. The new electricity rates will apply when the federal government has issued a similar notice.
On Thursday, NEPRA further increased electricity tariffs for ex-Wapda distribution companies (DISCOs) by 83 paisas per Unit (kWh) as part of the Quarterly Tariff Adjustment Mechanism (QTA) to generate revenue in excess of Rs billion.
This happened a day after the power controller reported an increase in power rates for these DISCOs from Rs 1.54 per day. Unit as part of the Monthly Fuel Cost Adjustment (FCA) to generate additional sales of Rs 11.6 billion.
In addition to these two decisions, the regulator announced its decision on Friday at the request of the federal government to increase basic traffic law by Rs 1.95 per Unit so that the same discos can bill consumers an extra Rs 200 billion.
The government had already announced the said increase, but would report it once it is approved by NEPRA. All in all, the total rate increase thus amounts to approximately 4.32 rupees per Unit (about 296 billion rupees).
However, the average rate for DISCOs is currently Rs 16.13 per Unit instead of Rs 13.35 as FCAs apply monthly in the tariff and will be replaced by FCA for the next month.
