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NEPRA Increases Basic Electricity Tariff By Rs7.9 Per Unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has raised the basic power tariff by Rs7.9078/kWh for the next fiscal year 2022-23.

The decision has been taken in line with the International Monetary Fund’s demands and the power distribution companies’ requests.

Currently, the basic power tariff is Rs16.91 per unit and with an increase of Rs7.9078 per unit, it will be more than Rs24 per unit.

The NEPRA cited an increase in fuel prices, capacity cost and the impact of the devaluation of the Pakistani rupee as reasons behind the significant increase in power tariff.

According to a statement issued by the regulatory authority, the tariff has been determined for the fiscal year 2022-23.