ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved a staggering increase in the base power tariff by Rs7.5 per unit.
After approving the massive hike in the base power tariff, the regulatory authority forwarded the matter to the federal government for the issuance of a notification. The power tariff hike will be with effect from July 1.
It further said that the federal government’s application seeking the hike in tariffs was approved following a public hearing on the matter held on Monday, July 24, at NEPRA Tower Islamabad.
The power ministry during the hearing submitted that the increase requested through the “Instant Motion” is within the overall revenue requirement determined by NEPRA and despite the proposed increase, the government would be picking up a subsidy of Rs158 billion, the notification added.
The federal cabinet approved a massive increase in the base tariff of electricity by up to Rs7.50 per unit against the national average tariff determination of Rs4.96 by the power regulator.
The lifeline consumers will be exempted from the recent power tariff hike. The protected consumers using 200 units in a month will not be affected by the base tariff hike.
The power tariff will be increased to Rs16.48 per unit after the hike of Rs3 for consumers using up to 100 units in a month. For consuming 101 to 200 units, the tariff will be increased by Rs4, taking it to Rs22.95 per unit. For consuming 201 to 300 units, the tariff will be increased by Rs5, taking it to Rs27.14 per unit.
For consuming 301 to 400 units, the tariff will be increased by Rs6.5, taking it to Rs32.03 per unit. For consuming 401 to 500 units, the tariff will be increased by Rs7.5, taking it to Rs35.24 per unit.
For consuming 501 to 600 units, the tariff will be increased by Rs7.5, taking it to Rs36.66 per unit. For consuming more than 700 units, the tariff will be increased by Rs7.5, taking it to Rs42.72 per unit.
After the inclusion of sales tax, Rs50.41 per unit will be charged at maximum. The per unit electricity cost, Rs3.95, will remain the same for the lifeline consumers using 50 units in a month.
The per unit electricity cost, Rs7.74, will remain the same for the lifeline consumers using 51 to 100 units in a month. For protected consumers using 1 to 100 units, per unit cost will be Rs7.74, and Rs10.06 per unit for the protected consumers using 101 to 200 units in a month.
