The National Electric Power Regulatory Authority (NEPRA) on Monday approved a massive hike in the power tariff by Rs. 7.90 per unit in the form of Fuel Charges Adjustment (FCA) for the month of May.
According to the details, the increase in the electricity tariff will be applicable to all consumer categories, except for lifeline and K-Electric consumers.
The NEPRA took the decision regarding the increase in power tariff was taken after conducting a hearing on the plea of Central Power Purchasing Agency (CCPA).
The amount will be charges as Fuel Charges Adjustment (FCA) for the month of May in the bills for July. Furthermore, this will put a burden of around Rs. 131.8 billion on the consumers, including the General Sales Tax (GST).
In June, NEPRA had approved a hike in the electricity tariff by Rs. 3.99 per unit under the FCA for the month of April that will be charged in June’s electricity bills.
It is pertinent to mention that the National Electric Power Regulatory Authority (NEPRA) has already fixed the power tariff at Rs. 24.82 per unit for the fiscal year 2022-23 after a massive hike of Rs. 7.91 per unit.