The Federal Government once again hiked the electricity prices as the National Electric Power Regulatory Authority (NEPRA) has issued a decision to increase the power tariff.
As per details, The NEPRA said in a statement that electricity tariff was jacked up by 50 paise per unit, The approval was given by NEPRA for the third quarter of the financial year 2021-22.
The statement also reads that the increase will impose an additional burden of Rs12.76 billion on the power consumers, the increase will come into effect for 3 months from September 1.
While it stated that the increase will not be applicable to the lifeline and K-Electric customers. NEPRA sent the decision to the federal government for its notification.
It must be noted that NEPRA had approved an increase of Rs9.79 per unit of electricity, The increase in the power tariff increase was approved in terms of monthly adjustment of last financial year.
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