Connect with us

Hi, what are you looking for?

Editorial

NEPRA raises power tariff by rs4.74/unit to extort rs60 billion from consumers

A few days ago, NEPRA had already notified another hike in the price of electricity for Karachi, increasing the rate by Rs3.75 per unit.

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the power tariff by Rs4.74 per unit on account of fuel charges adjustment (FCA) for October 2021. This increased tariff will be recovered from the consumers with the Dec 2021 bills.

All the power consumers in the country, except lifeline customers, will bear the cost of increase in power tariff in the name of fuel charges adjustment (FCA).

The Rs4.74 increase will put a burden of Rs60 billion on consumers, including a 17% GST. It is pertinent to mention that 10.98 billion units of electricity were sold during October.

While effecting the fuel adjustment charges, the concerned XWDISCOs shall keep in view and strictly comply with the orders of the courts notwithstanding this order,” the notification read.

Earlier this week, the regulatory authority notified another hike in the price of electricity for Karachi, increasing the rate by Rs3.75 per unit.

The notification said that the latest adjustment in the approved tariff for Karachi has been made on account of the fuel charges’ adjustment for September, which would be included in the electricity bills for December.

Bilawal terms this hike Economic lynching of consumers

Responding to fresh tariff hike, PPP Chairman Bilawal Bhutto-Zardari termed it economic lynching of the consumers. He said that “after an annual increase in electricity prices, the addition of fuel adjustment charges to electricity bills is tantamount to the economic murder of people”.

The PPP chairman, lambasting the government, said it had already “looted” billions of rupees from the masses through the electricity bills.

Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

Latest Updates

Tragic Accident A tragic accident near Malir Halt claimed the lives of a young couple when a speeding water tanker crashed into their motorcycle....

Entertainment

Mahira Khan Mahira Khan and Wahaj Ali, two of Pakistan’s most celebrated actors, are set to share the screen for the first time, much...

Sports

ISLAMABAD: Former Pakistan captain Shahid Afridi has recommended resting key players Shadab Khan and Shaheen Shah Afridi for the fifth and final T20I against...

International

Eid Prayers Authorities in the Indian state of Uttar Pradesh (UP) have imposed a ban on offering Eid ul Fitr prayers on roads, a...