Nepra okays hike in electricity tariff

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DNA

SLAMABAD: Power consumers will now have to bear an additional burden of Rs2.75 per unit as the National Electric Power Regulatory Authority (Nepra) approved hiking the tariff for the current quarter of the fiscal year 2023-24.

The latest hike was approved in terms of quarterly adjustment worth Rs85.2 billion in total for the second quarter of FY2023-24, having a uniform impact Rs2.75 per unit on each consumer.

Currently application two quarterly adjustments of Rs4.43 per unit shall cease to exist from March 30, 2024, as per a statement issued by the power regulatory authority on Thursday.

It added that the authority has decided to apply the second quarterly adjustment from April 2024 onward i.e. after the expiry of the existing applicable adjustments.

The additional amount will be charged from “XWDISCOs and K-Electric” consumers, except lifeline consumers, in electricity bills of April, May, and June.