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Business & Finance

NEPRA raises electricity rates

  • The increase was made in the context of the July fuel price adjustment.
Published October 8, 2020 Updated October 8, 2020 03:21pm

The National Electric Power Regulatory Authority (NEPRA) on Thursday has increased the unit price of electricity by 83 paisas.

As per details, NEPRA has issued a notification to increase the price of electricity by 83 paisa per unit. According to the notification, the increase was made in the context of the July fuel price adjustment.

The increase will be collected in the bills for the month of October. However, the increase in electricity prices will not be applicable to electric consumers of K-Electric and lifeline customers. The latest increase in electricity rates will impose an additional burden of more than Rs 10 billion on consumers.

On the decision of fuel price adjustment, Sindh NEPRA member said in a dissenting note that the burden of running the power plant being placed on the consumers was against the merit order.

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