The Federal Cabinet has approved the Rs. 7.91 per unit hike in electricity tariff after repeated deferrals.
Minister of Petroleum, Musadik Malik, revealed that by excluding the protected sector, the households with consumption of fewer than 200 units per month, i.e., 13 million connections or up to 90 million people had been omitted from the hike.
Previously, the National Electric Power Regulatory Authority (NEPRA) had reserved its decision on the government’s request regarding the tariff hike.
According to the approval, the government will increase the tariff by Rs. 3.5 per unit from 26 July, whereas an increase of the same price will be imposed during August.
The government will then increase the tariff by Rs. 0.91 per unit in October, completing the total increase of Rs. 7.91.
Khurram Dastgir said that the consumers are already paying a big portion of this increase in the form of fuel surcharge, adding that this fuel surcharge will now be reflected in the tariff.
The minister for power said that these three months will be difficult for the consumers but the electricity prices will start coming down from November 2022 after reflection of fuel surcharge in the tariff.
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