In a significant move, the National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs2.56 per unit in electricity prices for the month of June. This decision, reported by Express News, was made in response to a fuel adjustment request.
The Central Power Purchasing Agency (CPPA) had initially proposed a hike of Rs2.63 per unit, but NEPRA opted for a slightly lower increase. The price adjustment is exclusively for June’s fuel price adjustment, and it will be reflected in consumers’ electricity bills for August.
It is important to note that lifeline consumers and K-Electric users are exempt from this increase, providing some relief to a segment of the population.
This price hike occurs against a backdrop of ongoing economic challenges in the country, where escalating fuel prices have put pressure on electricity production costs. The increase is part of an effort to manage these rising costs and ensure the continued supply of electricity.
Consumers nationwide will feel the impact of this adjustment in their upcoming bills, marking another step in the government’s efforts to address the economic challenges facing the energy sector.
