Power tariff likely to increase by Rs3.41 per unit
The business leaders condemned NEPRA’s recent decision to increase electricity tariffs from July 1. photo: file
The power tariff in Pakistan is likely to increase by Rs3.41 per unit due to the monthly fuel adjustment (MFA), according to media reports.
The National Electric Power Regulatory Authority (NEPRA) is set to hear an application from the Central Power Purchasing Agency (CPPA) requesting the hike.
The CPPA has cited an increase in the monthly fuel adjustment for May as the reason for the proposed tariff rise.
According to the CPPA, 12.26 billion units of electricity were generated last month, with a production cost of Rs9.12 per unit. If the application is approved, the tariff hike would place an additional burden on consumers already grappling with high electricity prices.
This potential increase follows a series of recent hikes.
Earlier in the financial year, the basic electricity tariff was also increased, moving from Rs7.91 per unit in the last fiscal year to Rs7.50 per unit.
The new surge in electricity tariffs is expected to be implemented from July 1.