How Much Will Your Electricity Bill Be After Latest Tariff Hike?
The National Electric Power Regulatory Authority (Nepra) has significantly raised the electricity base tariff for FY24 by Rs4.96 per unit on the International Monetary Fund’s (IMF’s) demand.
If the government approves Nepra’s summary, the new base rates will apply slab-wise to the power consumers — and the rates will be effective from July 1.
The government has also decided to increase the duration of electricity’s peak hours, Daily Jang reported, effective from July 1.
The peak hours have now been increased by two hours, i.e., instead of 6pm-10pm, the time has been changed to 5pm-11pm, according to the publication.
The government has taken several measures to meet the IMF’s demands— including increasing power tariffs, petroleum rates, and income tax. However, this has burdened the masses further as inflation continues to remain at high levels.
Once applicable, the consumers using 100 units per month will see a rise in their base tariff from Rs13.4 per unit to Rs18.36 per unit, with their bill increasing to Rs1,836.
The monthly bill of those using 200 power units will go up from Rs3,700 to Rs4,700 as their base tariff will rise to 23.91 per unit.
The households consuming 300 units of electricity in a month will see their bills between Rs6,000 to Rs8,000, while the bills of those using 400 power units will go up to Rs12,300.
For those using 500 power units, their bills will be between Rs13,000-Rs16,000.