Advertisement
Categories: BusinessNews

NEPRA Raises Electricity Tariff by Rs 2.75 Per Unit

Advertisement

The Ntional Electric Power Regulatory Authority (NEPRA) notified a substantial increase in the electricity tariff on Thursday, exacerbating financial strains for consumers.

NEPRA’s latest notification reveals a Rs2.75 per unit surge in the electricity tariff, effective for the next three months, imposing a hefty burden amounting to Rs85.2 billion on consumers.

The decision materializes following NEPRA’s approval of the second-quarter adjustment for the fiscal year 2023-24. Despite Distribution Companies (Discos) advocating for a larger increment of Rs4.43 per unit, NEPRA settled on the Rs2.75 raise.

This tariff hike, slated to reflect in bills from April to June, is attributed to several factors impacting operational costs within the power sector. NEPRA pointed to escalating fuel prices and maintenance expenditures as key drivers behind the tariff adjustment.

However, NEPRA has extended relief to Lifeline consumers, who utilize up to 50 units, by exempting them from this price surge, with the aim of easing the burden on households with minimal electricity consumption.

It’s noteworthy that K-Electric consumers will also be affected by this tariff escalation, indicating a widespread impact across multiple electricity providers.

Advertisement
Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

Recent Posts

Pakistan to Witness Nearly 7 Million Animal Sacrifices on Eid-ul-Adha

Pakistan is expected to witness the sacrifice of more than 6.97 million animals during Eid-ul-Adha…

6 hours ago

US Tech Fund commits $10 million to 2 Pakistani IT entrepreneurs

Pakistan's two IT entrepreneurs-- Mehwish Salman Ali and Malik Mudassir—will receive funding of $10 million…

10 hours ago

Spotify’s Fresh Finds Celebrates a Decade of Discovering Breakout Talent

Spotify has announced a major milestone for 2025 - 10 years of Fresh Finds, the…

11 hours ago

Sindh Govt Bans Qingqi Rickshaws in Karachi, Imposes Heavy Fines Under New Traffic Reforms

Sindh’s Minister for Law and Home Affairs, Ziaul Hassan Lanjar, has approved sweeping changes to…

11 hours ago

AKU LEADS with micro-credentials: A flexible programme for academic advancement, upskilling and reskilling

Today, the world is changing rapidly more so than ever before with disruptive technological development…

11 hours ago

Aeon & Trisl Secures Emaar’s Top Broker Title for Q1 2025 – 7 Quarters in a Row

Aeon & Trisl Real Estate Group has once again claimed the coveted title of Emaar’s…

12 hours ago