Electricity tariff may rise by Rs1.34 per unit under quarterly adjustment

Seerat Fatima
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Seerat Fatima
She is an author at minute mirror who shows keen interest in national breaking news and social politics.
2 Min Read

Summary

  • ISLAMABAD: Electricity consumers may face higher power bills for the next three months as the National Electric Power Regulatory Authority (Nepra) considers a proposal seeking to recover an additional financial burden from consumers through the quarterly tariff adjustment mechanism.
  • Nepra has reserved its decision on a request submitted by electricity distribution companies seeking to pass on around Rs34 billion in additional costs to consumers.
  • According to sources, the proposed adjustment could increase the electricity tariff by approximately Rs1.34 per unit each month for three months.
AI Generated Summary

ISLAMABAD: Electricity consumers may face higher power bills for the next three months as the National Electric Power Regulatory Authority (Nepra) considers a proposal seeking to recover an additional financial burden from consumers through the quarterly tariff adjustment mechanism.

Nepra has reserved its decision on a request submitted by electricity distribution companies seeking to pass on around Rs34 billion in additional costs to consumers.

According to sources, the proposed adjustment could increase the electricity tariff by approximately Rs1.34 per unit each month for three months. If approved, the additional charge would be reflected in consumers’ electricity bills during the applicable period.

The quarterly tariff adjustment is used to account for changes in various costs incurred by power distribution companies, including fluctuations in generation and other sector-related expenses. The adjustment is subsequently passed on to consumers after regulatory scrutiny.

Sources said Nepra has not yet issued its final decision on the request. The regulator will examine the financial details and relevant data submitted by the distribution companies before determining whether the proposed increase should be approved in full, partially accepted or rejected.

The final decision is expected to clarify the exact amount to be recovered from consumers and the period over which the additional charges will apply.

Until Nepra announces its decision, the proposed Rs1.34 per-unit increase remains under consideration and should not be treated as a final tariff hike.

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She is an author at minute mirror who shows keen interest in national breaking news and social politics.
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