Advertisement
Categories: BusinessNews

Nepra Restricts Multiple Instalments for Electricity Bills

Advertisement

The National Electric Power Regulatory Authority (Nepra) has updated the Consumer Service Manual, 2021, introducing new constraints on power companies, curtailing the option for consumers to settle their electricity bills through multiple instalments.

Under the revised regulations, consumers are now deprived of the flexibility to pay their electricity bills in instalments on multiple occasions. Nepra’s modifications aim to streamline bill clearance procedures, albeit at the expense of consumer convenience.

According to the notification, consumers will only be permitted to avail instalment facilities once annually, with no interest levied on the first instalment if paid within the due date. Subsequent instalments, however, will incur a 14% markup, while any extension requests must be submitted prior to the due date.

Furthermore, power distribution companies (Discos) are instructed to issue computerized bills to facilitate instalment plans and deadline extensions.

Last August, the interim government mulled over a proposal to offer consumers relief by allowing them to pay electricity bills in instalments, particularly benefiting those with bills not exceeding 400 units, with instalment periods extending up to six months.

Advertisement
Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

Recent Posts

SQL vs CSV: Unpacking the Data Dilemma – Which is Right for You?

In the world of data, two acronyms frequently pop up: SQL and CSV. Both are…

5 hours ago

Two KW&SC engineers suspended after illegal water theft uncovered

A surprise inspection by senior officials of the Karachi Water and Sewerage Corporation (KW&SC) on…

8 hours ago

NEPRA Slams KE Over Power Failures, Calling Company’s Response ‘Irresponsible’

Pakistan’s power regulator NEPRA on Thursday dismissed the explanation offered by K-Electric CEO Moonis Abdullah…

10 hours ago

LUMS Energy Institute and NGC to Host National Consultative Workshop on Power Sector Indigenization

The LUMS Energy Institute, in collaboration with the National Grid Company (NGC), formerly NTDC, will…

11 hours ago

Arshad Nadeem Gears Up for a New Chapter with PTCL Group

PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecommunications and ICT services…

11 hours ago

Business Confidence improves significantly, reveals OICCI’s Survey

The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled the results of its…

11 hours ago