The National Electric Power Regulatory Authority (NEPRA) has announced a substantial increase in the electricity tariff by Rs7.50 per unit, adding a further financial strain to citizens already grappling with soaring food and fuel costs.
This decision comes as a response to the government’s request for an increase in the basic power tariff, which NEPRA has approved. The new tariff set to be effective from July 1 has been forwarded to the government for official notification. However, the government has assured that lifeline customers will be spared from this drastic surge in power tariffs.
This move by the Sharif-led government is aimed at generating Rs600 billion in revenue, aligning with the demands of the International Monetary Fund (IMF). As a result of this hike, the base tariff will rise to nearly Rs30 per unit, a significant leap from the current national average base tariff of Rs24 per unit.
In addition to the tariff increase, the federal government has also extended the duration of electricity’s peak hours by two hours. Previously set from 6 pm to 10 pm, the peak hours will now run from 5 pm to 11 pm starting July 1.
The impact of these changes on consumers’ monthly bills will vary depending on their usage. For instance, those consuming around 100 units per month can expect an increase of approximately Rs500 in their bills, with the base tariff for this slab rising from Rs13.4 per unit to Rs18.36 per unit. Similarly, consumers using 200 units or more will see their bills increase by Rs1,000, with the total bill rising from Rs3,700 to Rs4,700.
For higher consumption levels, the increases are even more pronounced. Consumers using 300 units or more per month could see their bills rise to Rs8,000 or more. Those using 400 units or more, typically due to the use of air conditioners and other appliances, can expect a minimum bill of Rs12,300. Finally, for those consuming 500 units or more, the surge in their electricity bills could reach up to Rs16,000.
These changes underscore the growing financial pressures faced by Pakistani citizens amid rising inflation and economic challenges.
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