Govt jacks up power price by Rs1.47 per unit

Govt jacks up power price by Rs1.47 per unit

Business

The increase amount will be collected in August, September and October

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ISLAMABAD (Dunya News) – The government on Friday increased the electricity tariff by Rs1.47 per unit.  

According to Nepra sources, the collection from consumers will take place in August, September, and October. 

The electricity companies had requested the funds as part of the third quarter adjustment for 2023-2024, seeking Rs31.34 billion under the capacity charges.

Sources said Rs5.57 billion were requested for operation and maintenance costs, and Rs12.38 billion were requested for the transmission and distribution impact under monthly fuel cost adjustment.

Previously, Nepra had completed the hearing on the electricity companies' request under the quarterly adjustment.

Nepra approved the Power Division’s request, allowing an increase of Rs1.45 per unit in electricity prices.