The Economic Coordination Committee (ECC) has also made the decision on the Uniform Quarterly Tariff Adjustments for K-Electric consumers, approving a hike of Rs1.72 per unit.
It has been decided that the tariff rationalization guidelines already issued to National Electric Power Regulatory Authority (NEPRA) shall be applicable on the consumption of July, August, and September 2023 to be recovered from K-Electric consumers in December 2023, January 2024, and February 2024, respectively.
Following the decision, the electricity tariff would be hiked by Rs1.72 per unit for the K-Electric consumers.Sources said that Rs1.25 per unit would be hiked in terms of quarterly adjustment from January to March 2023, whereas, Rs0.47 per unit would be increased in terms of quarterly adjustment from October to December 2023. Sources added that the decision was taken to maintain uniform electricity tariffs across the country.
The committee gave the nod for an extension in the government’s guarantee ceiling of Rs100 billion in favour of Pakistan State Oil (PSO) till the end of next month.
