Electric bills to significantly rise soon

The usa’s strength regulator–the National Electric Power Regulatory Authority (Nepra) on Friday authorised a hike in the country wide average energy tariff with the aid of Rs4.Ninety six per unit for the current monetary year, in step with a condition imposed via the International Monetary Fund (IMF).If Nepra’s selection is applied, the electric bills of all domestic power customers will extensively boom. For the ones consuming 100 units of energy, the monthly tariff will increase from Rs13.4 to Rs18.36 per unit, ensuing in a bill of Rs1,836, aside from taxes and other costs.

The tariff for 2 hundred gadgets in keeping with month may be set at Rs23.Ninety one consistent with unit, causing the invoice to boom from Rs3,700 to Rs4,seven-hundred. Similarly, for a monthly usage of 300 gadgets, the invoice will rise from Rs6,000 to Rs8,000.

Electric invoice for the family the usage of 400 devices will rise from Rs10,000 to Rs12,300 in line with month. Those consuming 500 units will witness an growth of their energy invoice from Rs13,000 to Rs16,000. Users with a monthly consumption of 700 gadgets will enjoy a hike in their bill from Rs24,000 to Rs28,000.Taxes, surcharges, capacity charge, and month-to-month gas adjustment may even apply to all customers.

“The revised national common tariff for the FY2023-24 has been decided as Rs29.78/kWh, that’s Rs.Four.Ninety six/kWh better than the formerly decided national common tariff of Rs24.82/kWh,” the strength regulator said in a press launch on Friday.

It introduced that the boom in the tariff was “specially due to standard low sales growth, rupee devaluation, excessive inflation, exorbitant hobby prices and addition of new capacities”, among other factors.

“The decided price lists are intimated to the federal authorities to document a uniform tariff application. The uniform tariff so determined via Nepra after incorporating the quantity of subsidy/surcharges as intimated by way of the authorities, is notified through the authorities to be charged from the customers,” it stated.