NEPRA Hikes Power Tariff Across Pakistan

National Electric Power Regulatory Authority (NEPRA) has approved another hikes in the power tariff across the country. According to the details, the increase in the electricity price has been implemented for consumers of different distribution companies (DISCOs) and K-Electric.

The regulator has informed that power tariff has been increased by Rs. 2.86 per unit in terms of Fuel Charges Adjustments (FCA) for the month of March 2022, which will be charged in the electricity bills for May 2022. The hikes in the electricity price will put a burden of Rs. 29 billion on the consumers of these DISCOs.

It is pertinent to mention that the Central Power Purchasing Agency (CCPA) had requested the regulator to increase electricity prices by Rs. 3.16 per unit. The hike in the power tariff will be applicable to all consumers except lifeline customers.

Meanwhile, the National Electric Power Regulator (NEPRA) has also announced an increase in the power tariff for K-Electric consumers by Rs. 1.38 per unit in terms of Fuel Charges Adjustment (FCA) for the month of February 2022, which will reflect in the electricity bills for May 2022.

The Pakistan Meteorological Department (PMD) on Friday predicted another spell of severe heatwave in Pakistan next week according to their weather update notification. According to the details, the Met Office informed that high pressure is likely to grip upper atmosphere from Sunday.

K-Electric had originally sough an increase of Rs. 3.45 per unit for the metropolitan. The recent hike in the power tariff will put a financial burden worth Rs. 1.58 billion on the K-Electric consumers. However, the increase in the electricity tariff does not apply to lifeline customers of the power distributer.

Source: This news is originally published by incpak