NEPRA Approves Rs 3.76 Per Unit Power Tariff Increase

Islamabad: The National Electric Power Regulatory Authority (NEPRA) has sanctioned an increase of Rs 3.76 per unit in the electricity tariff. The regulatory authority has communicated this decision to the federal government, which will issue the formal notification soon.

The recent hike will result in higher electricity bills for consumers, with incremental rates of Rs 1.90 per unit in June, Rs 1.93 per unit in July, and Rs 1.93 per unit in August. This adjustment is projected to place an additional burden of Rs 46.61 billion on electricity users, including those serviced by K-Electric.

In contrast, the Pakistani government is expected to announce a new relief package for small consumers who use up to 200 units of electricity monthly. Sources revealed that Prime Minister Shehbaz Sharif has directed that there should be no increase in power tariffs for these protected consumers.

Instead of the proposed rate hike by the economic team, the Prime Minister has opted to provide a subsidy to approximately 20 million protected users, ensuring they will not face increased electricity costs in the fiscal year 2024-25.

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