NEPRA increases electricity prices for Rs 3.23 per unit

NEPRA increases electricity prices for Rs 3.23 per unit

KARACHI – The National Electric Power Regulatory Authority (Nepra) onFriday approved imposition of Rs3.23 per unit as permanent surcharge onelectricity bills.

Reports said the regulatory body has announced the decision on a petitionfiled by the federal government. The move will put an additional burden ofRs335 billion on the electricity consumers.

The surcharge in the electricity price will be applicable to the domestic,industrial, commercial and agricultural consumers from the next financialyear. It will also be applicable to the K-Electric customers.

The Nepra has also imposed a surcharge of Rs3.82 per unit on theelectricity bill till June this year.

A day earlier, the authority hiked the electricity price by 50 paisas perunit while deciding a petition filed by the KE seeking adjustment for themonth of February.

During the hearing, Nepra officials said that KE generated electricity atRs48.55 per unit from its own resources, while the price of electricityreceived from the federal government was Rs 9.05 per unit in February