The National Electric Power Regulatory Authority (NEPRA) has dropped another inflation bomb on electricity users, as it increased on Wednesday power tariff once again.
The electric power regulator NEPRA has approved a hike Rs1.56 per unit increase in electricity prices, which would add a burden of Rs14.50 billion on the pockets of consumers.
As per details, NEPRA Chairman Tausif H Farooq chaired a request for increase in electricity prices in the wake of the Central Power Purchasing Agency’s (CPPA) monthly fuel adjustment.
The CPPA had argued in the petition that in the month of October, 25.48 percent of electricity was generated from water, 12.17pc was generated from local gas whereas, 25.41pc was produced from imported LNG. Meanwhile, no electricity was produced from high speed diesel.
Furnace oil plants are running due to lack of gas. Due to this, the cost of electricity was increased by Rs1.73 per unit. NEPRA approved raising the electricity tariff to Rs1.56 per unit instead of Rs1.73. The recent rise in prices will put the consumers at a burden of Rs 14.5 billion.
This will not apply to electric users. “We are pressuring consumers in every way that they cannot breathe,” said NEPRA officials.
