NEPRA hikes power tariff by Rs7.91 per unit

by index360

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a massive increase of Rs7.91 per unit in the electricity tariffs.

With the new hike, the one-unit price of electrifying has gone up from Rs16.91 to Rs24.82.

Nepra has sent the hike to the federal government for notification. The new tariffs will be applicable after the final notification from the government, according to a statement.

The depreciation of the rupee and rising oil prices in the international market have been cited as reasons for the tariff hike.

According to the statement, Nepra has fixed the national average tariff for the financial year 2022-23 at Rs24.82 per unit, which is Rs7.91 per unit higher than the previous average tariff.

The statement further said that the authority determines the new tariff based on the distribution and transmission losses and in terms of revenue of different distribution companies.

Related Posts

Leave a Comment