Saturday, November 23, 2024

K-Electric Increases Electricity Prices by Rs. 11.3 Per Unit

Another burden for the people of Pakistan as the National Electric Power Regulatory Authority (NEPRA) has increased the power tariff for K-Electric consumers by Rs11.37 per unit. The approval was given in terms of fuel adjustment charges for June 2022 and the increase will not be applicable for lifeline consumers.

Every passing day, there is either hike in prices of petrol or Electricity prices getting high. The spokesman for the K-Electric blamed a hike in prices of furnace oil in international markets by 42 percent from March to June 2022 behind the increase. The RLNG prices also rose by 50 from March to June.

Last month, Nepra increased the power tariff for K-Electric consumers by Rs9.66 per unit after the power utility sought an increase in power tariff by Rs11.34 per unit. If the Political instability doesn’t settle it will keep on increasing.

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