Power tariff raised by half a rupee
The increased tariff, which will be applicable to all power distribution companies, will be reflected in November 2014’s bills. However, lifeline consumers using up to 50 units per month and consumers of K-Electric will be exempted from the hike.
Nepra, which regulates the power sector, approved the increase in tariff for distribution companies in a public hearing held on Monday. The move comes following a request by the Central Power Purchasing Agency under fuel adjustment for September.
According to the petition filed by Central Power Purchasing Agency (CPPA), the reference fuel price for September was set at Rs6.2493 per unit but the actual price was higher at Rs6.7755 per unit.
Subsequently, it requested the power regulator to increase the power tariff by Rs0.52 per unit on account of fuel adjustment.
Published in The Express Tribune, October 28th, 2014.
COMMENTS (12)
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the only thing which break back of everything I feel pity on all those engineers and economist who repeatedly suggest this increase.
lolz those using above 50 will be exempt this is another gift for the poor..also energy prices depressed crude brent trading $85 WTI trading $80 has we speak...I am a trader management of a portfolio for a micro fund going forward we see prices of crude to remain depressed has the global slowdown continues data is poor and bearish yet this monstrosity feels it right to 8n crease burden on the poor ..ppl need to rise up and oust this lot by force , military won't do it has there part and parcel of this corrupt system Imran has done so much yet he does not get complete support of ppl seems you ppl deserve all you get..government is a reflection of the ppl pakistan is sick!
Congrats to all NS supporters...enjoy paying for your leaders' bank accounts...
This is part of the deal with IMF. The actual increase will be around 80 paisas plus taxes. This will be followed by increase in gas prices. Had this not been done then the loans would have stopped. There is absolutely no need to worry as all is well and all jamhori kuwatain are with the government and for the awam they can keep on enjoying the fruits of democracy every month.
If you are fear from Imran Khan jalsa then enjoy what your leaders are doing....
Oil prices going down, what the logic of increasing power tariff then ?
Congrats NS, now you and your family can enjoy more foreign trips.
Really??
Go, Nawaz, go!
Oh no ! Please don't let Mr.Imran Khan read this. He will hold another jalsa.
What fuel adjustment? International fuel prices are at an all time low! Prices should actually be coming down!
Crude oil prices has dropped by nearly 25 percent in last three months and our government keeps increasing electricity cost per unit in the name of fuel price adjustment. Even subsidy given should have been wiped out by now.