The National Electric Power Regulatory Authority (NEPRA) has increased the price of electricity, notification issued. NEPRA says that it is the quarterly adjustments for 2019-20 and 2020-21.
Islamabad: NEPRA has issued a notification to increase the price of electricity. NEPRA says that the recent increase in the price of electricity is due to the quarterly adjustments of 2019-20 and 2020-21.
According to a statement issued by NEPRA, the price of electricity has been increased by Rs 1.65 per unit.
In the first and second quarters of the last financial year, the price of electricity went up by 89 paise per unit, in the third quarter by 67 paise and in the fourth quarter by 83 paise.
The decision will apply to users of more than 300 units. Eighty 80 per cent of users use less than 300 units per month, so the decision will not affect them.
Consumers will bear the burden of 90 billion rupees due to this hike in electricity prices.
This decision will not apply to K-electric consumers.
PML-N President and Leader of the Opposition Shahbaz Sharif has said that raising the price of electricity by Rs 1.65 per unit is corruption, incompetence and cruelty with the general public.