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Nepra additional jacks up energy tariff

Nepra further jacks up power tariff
The Nationwide Electrical Energy Regulatory Authority (NEPRA) on Wednesday authorized an Rs3.70 per unit hike within the energy tariff for Okay-Electrical shoppers on month-to-month gas adjustment expenses.

In response to the notification issued by the ability regulator authority, the hike within the energy tariff for Okay-Electrical shoppers was authorized on account of gas cost adjustment (FCA) for March.

As per the notification, the ability tariff hike for KE shoppers will solely be applied on the payments of Might, in the meantime, the rise in electrical energy tariff won’t be relevant to lifeline shoppers.

The rise in energy tariffs will put Rs5.4 billion in further stress on the already burdened plenty, who’re struggling to make ends meet amidst rising inflation and a weak economic system.

The hike in energy tariffs has been attributed to the rising prices of electrical energy manufacturing and distribution. The nation has been experiencing frequent energy outages and cargo shedding, inflicting immense inconvenience to residents and companies alike.

In a separate order in the present day, the Nationwide Electrical Energy Regulatory Authority has authorized a rise within the worth of electrical energy by Rs0.34 per unit on account of a month-to-month gas adjustment.

In response to the regulatory physique, the brand new tariff will come into impact instantly.

The rise in electrical energy tariff will likely be relevant to all the buyer classes besides lifeline shoppers and KE customers.

The price will likely be charged into Might payments, the ability regulator stated.