Nepra moved for Rs2/unit hike in electricity price

Govt seeks 51 paisa increase in power price for Karachiites

By: News Desk
Published: 10:06 AM, 2 Nov, 2022
Nepra moved for Rs2/unit hike in electricity price
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The power consumers should brace themselves for another electric shock as the Discos have filed an application in Nepra seeking Rs2 per unit hike in power rate, reported 24NewsHD TV channel on Wednesday.  

If the National Electric Power Regulatory Authority allows Rs2/unit increase in the power rate, it will put an extra burden of Rs42.63 billion on the electricity users.

The hike has been sought in the first quarterly adjustment charges of the current year. 

The increase will not be applied on the K-Electric users. 

The regulatory authority will hear the petition filed by the electricity distribution companies on Nov 15. 

Separately, another application has been filed in the Nepra seeking a 51 paisa raise in the electricity price of the K-Electric. 

The application was submitted by the federal government.

The National Electric Power Regulatory Authority will hold hearing on the petition on Nov 8.

On Oct 26, the Nepra increased its price by 9 paisa per unit. The hike applied to all power distribution companies except Karachi-Electric (KE. 

However, on Oct 24, the Nepra raised electricity price by Rs12.68 per unit in the head of quarterly adjustment for the K-Electric consumers.

Reporter Awais Kiyani 

Categories : Business