The National Electric Power Regulatory Authority (NEPRA) has added more taxes to consumers’ wallets by announcing a Rs. 2.56 per unit hike in electricity prices.
The notification, issued by NEPRA, confirms that this increase is tied to the fuel price adjustment for the month of June. The price hike will be in effect for one month.
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Meanwhile, the increase will not apply to Lifeline consumers or K Electric customers.
The Central Power Purchasing Agency (CPPA) – responsible for the purchase of electricity from power plants on behalf of distribution companies in Pakistan – had initially requested an increase of Rs 2.63 per unit.
However, NEPRA approved a hike of a slight lower amount of Rs 2.56 per unit.
This adjustment will result in an additional burden of over Rs 30 billion on electricity consumers across the country.
This increase adds to the financial strain on consumers who are already grappling with rising energy costs.
