Electricity tariff scaled up more than 50pc in 1 year

Business Apr, 7 2023
Electricity tariff scaled up more than 50pc in 1 year
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ISLAMABAD: Electricity tariff has been increased more than 50 percent in a year. As per details tariff was increased under Fuel Adjustment Surcharges (FAS) during one year. According to NEPRA documents, electricity has been made expensive in respect of fuel adjustment and surcharges. Basic electricity tariff was increased by 10 rupees per unit. Electricity tariff of domestic consumers has been increased by 50 percent. According to documents, electricity rates for domestic consumers were increased by 8 rupees 50 paisa. By that tariff of consumers has been increased from 18.04 rupees to 26.54 rupees. On other hand, electricity tariff of commercial consumers has increased by 11 rupees per unit. Electricity tariff of industrial consumers has been increased by 9 rupees 55 paisa per unit. 9 rupees and 14 paisa per unit has been increased in tariff of agricultural consumers. According to NEPRA documents, price of energy has been increased from 665 billion to 1152 billion. Capacity charges have been increased from 794 billion to 1251 billion.

Cost of electricity production has been increased by 22 percent while collective production cost has been increased from 1515 billion to 2518.

Published in The Daily National Courier, April, 07 2023

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