Power tariff hiked by Rs1.88 to collect Rs13.88 billion more from public

By: News Desk      Published: 12:01 PM, 23 Jul, 2020
Power tariff hiked by Rs1.88 to collect Rs13.88 billion more from public
File photo.

You may be in July 2020 but you must remain ready to pay more for what you had consumed in the past, especially when it comes to electricity, as the National Electric Power Regulatory Authority (NEPRA) increased the tariff for December 2019 by Rs1.88 per unit.

24NewsHD TV channel reported on Thursday that the move would result in an additional burden of Rs13.88 billion on citizens, as the power tariff for January 2020 had also been hiked by 88 paisas.

The move came after the Central Power Purchasing Agency (CPPA) sought an increase of Rs1.48 per unit for the month of January.

Earlier, the consumers in Karachi were hit by another thunderbolt last week when the NEPRA allowed the K-Electric to increase the tariff by Rs2.89 per unit, which means that the people would have to pay an additional amount of Rs70 billion.

This increase came at a time when the people of Karachi are experiencing ‘unsolvable problems’ like hours-long loadshedding and overbilling with no end in sight.

It shouldn’t be a surprise for anyone that the government is increasing the power tariff as it has already reduced the allocations for subsidy in the budget under the IMF’s pressure.

With the dollar exchange rate on the rise thanks to the devaluation and zero increase in the salaries, the people are already facing the brunt of rising inflation amid a shrinking purchasing power.