AIRLINK 74.85 Increased By ▲ 0.56 (0.75%)
BOP 4.98 Increased By ▲ 0.03 (0.61%)
CNERGY 4.49 Increased By ▲ 0.12 (2.75%)
DFML 40.00 Increased By ▲ 1.20 (3.09%)
DGKC 86.35 Increased By ▲ 1.53 (1.8%)
FCCL 21.36 Increased By ▲ 0.15 (0.71%)
FFBL 33.85 Decreased By ▼ -0.27 (-0.79%)
FFL 9.72 Increased By ▲ 0.02 (0.21%)
GGL 10.45 Increased By ▲ 0.03 (0.29%)
HBL 112.74 Decreased By ▼ -0.26 (-0.23%)
HUBC 137.44 Increased By ▲ 1.24 (0.91%)
HUMNL 11.42 Decreased By ▼ -0.48 (-4.03%)
KEL 5.28 Increased By ▲ 0.57 (12.1%)
KOSM 4.63 Increased By ▲ 0.19 (4.28%)
MLCF 37.80 Increased By ▲ 0.15 (0.4%)
OGDC 139.50 Increased By ▲ 3.30 (2.42%)
PAEL 25.61 Increased By ▲ 0.51 (2.03%)
PIAA 20.68 Increased By ▲ 1.44 (7.48%)
PIBTL 6.80 Increased By ▲ 0.09 (1.34%)
PPL 122.20 Increased By ▲ 0.10 (0.08%)
PRL 26.58 Decreased By ▼ -0.07 (-0.26%)
PTC 14.05 Increased By ▲ 0.12 (0.86%)
SEARL 58.98 Increased By ▲ 1.76 (3.08%)
SNGP 68.95 Increased By ▲ 1.35 (2%)
SSGC 10.30 Increased By ▲ 0.05 (0.49%)
TELE 8.38 Decreased By ▼ -0.02 (-0.24%)
TPLP 11.06 Decreased By ▼ -0.07 (-0.63%)
TRG 64.19 Increased By ▲ 1.38 (2.2%)
UNITY 26.55 Increased By ▲ 0.05 (0.19%)
WTL 1.45 Increased By ▲ 0.10 (7.41%)
BR100 7,837 Increased By 26.9 (0.34%)
BR30 25,452 Increased By 301.7 (1.2%)
KSE100 75,114 Increased By 157.8 (0.21%)
KSE30 24,114 Increased By 30.8 (0.13%)

KARACHI: Extraordinary increase in the electricity charges has become a menace for the common man and industry, alike said Ateeq ur Rehman, economic & financial analyst.

The electricity charges along with additional charges in the consumer’s bill are growing day by day. It has become a routine matter without any relief for consumers. If we look at a power bill, the charges have been assorted in different categories like variable charges, uniform quarterly adjustment (with various periodicals), additional surcharge, electricity duty, sales tax, further tax, extra tax and income tax, said Ateeq.

Moreover, the power rates exorbitantly increase with the change in slabs, thus the total bill becomes hefty and unbearable for majority of consumers.

He added that it is crisis like situation, as electricity normally takes up to 30% to 40% of an average household’s income. With rising costs of all daily use essential items and inflated consumer goods, the life has become more miserable for the Pakistanis, he regretted. The options for them are limited: either pay the electricity bills or feed the children. Certainly, this is raising depression and poverty level in the country, and more and more people are getting marginalized day by day.

He said when such payments are crucial to the level of somebody’s economic survival the common man is worried about these electricity payments, which are swallowing a significant percentage of their personal income.

The more critical situation is when someone is unable to pay the monthly/ heavy electricity bills the consequences are twofold, firstly a penalty will be imposed in shape of due date charges and secondly the electricity connection is disconnected, he said, adding there should o be a relief which so far is not being given to the electricity consumers.

Copyright Business Recorder, 2023

Comments

Comments are closed.