NEPRA Approves Electricity Price Hike for September Billing Cycle

NEPRA

On Friday, the National Electric Power Regulatory Authority (NEPRA) officially announced a rise of Rs. 1.46 per unit in electricity prices, attributed to the fuel cost adjustment (FCA), affecting the ex-Wapda distribution companies (DISCOs).

This particular adjustment is set to be applicable to all consumer categories, with the exception of Electric Vehicle Charging Stations (EVCS) and Lifeline consumers.

Consumers will find this adjustment clearly delineated in their billing statements, calculated based on the units consumed during the month of July 2023. For the ex-Wapda distribution companies (XWDISCOs), the fuel charge adjustment for July 2023 will be reflected in the September 2023 billing cycle.

It’s worth noting that the distribution companies had initially requested NEPRA to approve a more substantial increase of Rs. 2.07 per unit in terms of FCA.

This tariff hike is anticipated to add to the financial strain faced by the already inflation-weary population. In recent weeks, protests have erupted across the country in response to elevated power bills. However, despite assurances of relief, consumers will now grapple with an increase in their bills come September.