Consumer electricity rates are expected to rise by Rs4.33 per unit due to monthly fuel cost adjustments for November, as the National Electric Power Regulatory Authority (NEPRA) received a request for the increase from the Central Power Purchasing Agency (CPPA). On December 29, the NEPRA will hold a hearing on the request.
According to the CPPA’s application, 8.24 billion units of electricity were generated in November at a cost of Rs66 billion.
Reason behind increase of power tariff
It went on to say that Pakistan also imported electricity from Iran at a cost of Rs13 to Rs35 per unit. On the line losses, Rs20 in electricity was used.
If NEPRA approves the hike requested by CPPA, electricity consumers will face an additional burden of Rs40 billion due to an increase in the power tariff.