As a result of a monthly fuel adjustment, the government has authorised an increase in power prices of Rs0.34 per unit, according to ARY News.
The new tariff will go into force immediately, according to the governing body.
The electricity regulator said the expense will be added to customers’ May bills.
- The rise in electricity prices would add Rs2.9 billion to the already heavy load of the in the face of growing inflation and a sluggish economy.
NEPRA APPROVED A RS3.39 PER UNIT ADDITIONAL SURCHARGE FOR ELECTRICITY.
The increase in electricity production and distribution expenses has been blamed for the increase in power rates. Frequent load shedding and power outages have been plaguing the nation, greatly inconveniencing both residents and companies.
This most recent trend raises concerns that more individuals may fall below the poverty line, especially those who depend on energy to power their small enterprises.