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Electricity price likely to go up by Rs2.63 per unit for one month

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ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) is likely to increase the power tariff by Rs2.63 per unit for one month on account of fuel cost adjustment.

The Central Power Purchasing Authority (CPPA) has submitted a petition seeking an increase in the electricity prices for consumers of government-run distribution companies.

Nepra will conduct hearing on the petition on July 31. It will issue a notification if the petition for hike in electricity prices is approved.

Furthermore, fixed charges have been added to bills with effect from July 1, 2024.

The approval for the fixed charges has been granted by the National Electric Power Regulatory Authority (Nepra) as the move aims at increasing the revenue generation of electricity distribution companies.

Reports said the fixed charges would not be collected from the consumers using up to 200 units per month, while those consuming 301-400 units will pay R200 in wake of fixed charges.

Those consuming 401-500 units per month will pay Rs400 while those fall in 501-600 bracket will pay Rs600 in wake of fixed charges.

Similarly, the distribution companies would collect Rs800 from those consuming 601-700 units per month while there will be Rs1,000 fixed charges on consumption of electricity units above Rs700.

The consumers will pay the fixed charges in electricity bills for the month of July.

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