The National Electric Power Regulatory Authority (NEPRA) has approved a reduction in the electricity tariff by Rs. 0.99 per unit for the fourth quarter of the last Fiscal Year (FY) 2020-2021 under the quarterly adjustment mechanism.
The reduction in the power tariff will provide a relief of Rs. 22.48 billion to the consumers. Furthermore, the relief would be passed on to each category of consumers of X-WAPDA Power Distribution Companies (XWDISCOs) except for the lifeline and protected cusumers.
The new electricity tariff will be enforced from 1 December 2021 and NEPRA has forwarded the decision to the federal government for notification in the gazette.
It is pertinent to mention that NEPRA has delayed a plea from the Central Power Purchasing Agency (CPPA) for an increase in the electricity tariff by Rs. 4.33 a few days earlier.
If NEPRA decides to approve the request of CPPA, the consumers will again bear an additional burden of Rs. 29 billion as a result of the rate increase.
Read more: Petrol Prices in Pakistan – 1 January 2022.
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