Electricity Bills Likely to Increase Again
Electricity prices could increase by Rs. 2.52 per unit for one month as the Central Power Purchasing Agency has sought … Read More The post Electricity Bills Likely to Increase Again appeared first on ProPakistani .
Electricity rates may rise by Rs. 2.52 per unit within a month, as the Central Power Purchasing Agency has petitioned the National Electric Power Regulatory Authority for a July fuel cost adjustment. The CPPA submitted a request through NEPRA's monthly Fuel Price Adjustment process. The regulator has set a public hearing for August 27 to review the request.
According to the CPPA's submission, diesel-generated electricity cost Rs. 50 per unit in July, while imported coal-powered electricity cost Rs. 54.47 per unit, and liquefied natural gas-generated electricity cost Rs. 47.37 per unit. If granted, the requested increase would raise electricity charges by Rs. 2.52 per unit for the relevant billing period.
The ultimate impact on consumers will hinge on NEPRA's decision following the August 27 hearing. The Fuel Price Adjustment accounts for changes in the cost of fuel used by power generation firms and is periodically passed on to consumers after regulatory review. NEPRA will evaluate the CPPA's request at the August 27 hearing before determining whether to accept the proposed Rs. 2.52 per unit adjustment.
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