It has been approved by the National Electric Power Regulatory Authority (NEPRA) to increase electricity prices by Rs.1.66 per unit.
For the fuel adjustment of August, the electricity prices have been raised just for one month. It will add a burden of around Rs22.60 billion on consumers.
Central Power Purchasing Agency (CPPA) revealed that 40.33% of electricity was produced from hydropower plants in August and 22.89% was produced from LNG that was imported. Similarly from coal, local gas, atomic sources, and furnace oil resources 13.34%, 11.87%, 4.66%, and 3.60% of electricity were generated.
Earlier, we informed our readers that the National Electric Power Regulatory Authority (NEPRA) increased the electricity prices by Rs. 0.5272 per unit for domestic consumers. The aim was for power distribution companies (Discos) to recover almost Rs. 52.7 billion from domestic users. However, as per the recent update, the electricity prices have been increased by Rs1.66 per unit.
It isn’t easy for the general public to pay hefty bills, as they are already suffering from inflation. We need relief as the economic burden is increasing on the common man.
Also, if you are interested to know how to control your electricity bill, read tips and tricks to reduce your electricity bill.