Electricity Prices Increased By 57 Paisa Per Unit

(@mahnoorsheikh03)

Electricity prices increased by 57 paisa per unit

Media reports said that the decision will put an additional burden of Rs 4.2 billion on electricity consumers.

Lahore (Pakistan Point News – 23rd January, 2018) The National Electric Power Regulatory Authority (NEPRA) has decided to increase the electricity prices by 57 paisa per unit.

Media reports said that the decision will put an additional burden of Rs 4.2 billion on electricity consumers.

The Central Power Purchasing Agency (CPPA) had made the request to hike the electricity tariff under fuel adjustment formula for the month of December.

The application stated that the electricity production cost remained Rs 6.49 per unit in December while electricity consumers paid Rs 5.86 per unit.

The CPPA had requested to increase electricity prices by 63 paisa per unit.

The demand of electricity has increased to 13857 Megawatt in the country while its production is 15500 Megawatt.

According to the spokesperson for Power Division, the electricity demand remained 13857 Megawatt on Wednesday against the production of 15500 Megawatt with zero shortfall.

The spokesperson said that the power distribution companies are taking electricity from the system according to their demands.

Load management according to schedule is done in the areas having power theft and losses.

The NEPRA had in December reduced electricity power tariff by 31 paisa per unit under the fuel adjustment formula for the month of November.

Mahnoor Sheikh

The writer is News Editor, Pakistan Point. She has graduated in Mass Communication and has worked in various media houses