Nepra approves Rs3.28 per unit increase in power tariff

Nepra approves Rs3.28 per unit increase in power tariff

Business

The final decision to jack up the electricity price will be taken by the federal govt

ISLAMABAD (Dunya News) – The National Electric Power Regulatory Authority (Nepra) has approved Rs3.28 per unit increase in power tariff on the account of fuel cost adjustment for fourth quarter of fiscal year 2022-23.

The regulatory body has sent his decision to the federal government for final approval. The increase in electricity prices will come into effect immediately after it is approved by the government.

The distribution companies (Discos) would recover Rs159 billion from consumers during the period of six months (October 2023 to March 2024).

The revised rate will be applicable on all customers.