Electricity prices in Pakistan for Consumers increased by up to Rs.1.75 Per Unit
Consumers May See a Rs. 1.75 per unit rise in Electricity Tariffs. The government has announced an increase in the electricity prices for consumers in Pakistan. The National Electric Power Regulatory Authority (NEPRA) issued a notification and approved the rise in electricity tariff under the quarterly and fuel price adjustments, effective from 6th September 2024. NEPRA will deduct new charges to power consumers from September October, and November onwards.
Over the past few months, electricity prices in Pakistan have increased due to fuel price adjustments. Now domestic electricity consumers will see a rise in tariff up to Rs.5.72 per unit in the electricity bills and the basic electricity tariff will rise fromRs. 29.78 to Rs. 35.50 per unit.
On Friday, the National Electric Power Regulatory Authority (NEPRA) approved the electricity tariff hike. The hike in power tariff is due to the Fourth Quarter of FY24) which will burden power consumers with additional charges.
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In July 2024, NEPRA announced increasing electricity prices by Rs 5.72 per unit as part of the fuel price adjustment. The domestic consumers met an Rs. 5.72 per unit upsurge in the power rates.
NEPRA notified the increase in power tariff for lifeline consumers and the prepaid consumers of K-Electric (KE) to a quarterly adjustment of Rs.1.7432 per unit.