Bomb falls on People: Electricity prices increased by Rs0.48 per unit

ISLAMABAD (92 News) - Bomb falls on people as the National Electric Power Regulatory Authority has increased the price of electricity Rs0.48 per unit for one month to adjust for fuel prices.

According to NEPRA, the increase in tariff by Rs 0.48 per unit was made on account of variations in fuel charges for the month of August 2020, putting an overall burden of Rs5 billion on the consumers.

The increase of Rs0.48 per unit will be applicable to all consumer categories except lifeline consumers of all distribution companies, said the power regulator. However, it will not be applicable to the consumers of K-Electric.

NEPRA says the cost of generating electricity was Rs3.68 per unit while the advance production tariff was Rs3.20 per unit. The electricity distribution companies will be able to collect Rs5 billion from November bills after charging the increased rates.

The temporary one-month hike in electricity price will not apply to K-Electric customers.

“The said adjustment shall be shown separately in the consumers’ bills on the basis of units billed to the consumers in the month of August 2020 by the XWDISCOs. XWDISCOs shall reflect the fuel charges adjustment in respect of August 2020 in the billing month of November 2020,” read a notification issued by NEPRA.