Electricity tariff may rise by Rs1.34 per unit

Electricity tariff may rise by Rs1.34 per unit

ISLAMABAD: Electricity consumers across Pakistan may face another increase in power tariffs as the National Electric Power Regulatory Authority (NEPRA) considers a quarterly adjustment that could raise electricity prices by Rs1.34 per unit each month for three months.

NEPRA has reserved its decision on a request submitted by power distribution companies seeking to recover around Rs34 billion from consumers under the quarterly tariff adjustment mechanism.

According to sources, the proposed adjustment could increase the electricity tariff by Rs1.34 per unit for each of the next three months. If approved, consumers would see the additional charge reflected in their monthly electricity bills during the applicable period.

The distribution companies have sought the adjustment to recover costs incurred during the relevant quarter. NEPRA reviewed the request and heard the stakeholders’ positions before reserving its decision.

Sources said the regulator will conduct a detailed assessment of the claims before issuing its final decision. The authority will determine the exact amount to be passed on to consumers after reviewing the companies’ financial data and adjustment claims.

The final decision will clarify whether NEPRA approves the full requested amount and how the additional cost will affect electricity consumers.