Islamabad Pakistan: The National Electric Power Regulatory Authority (NEPRA) has accepted the increase in base electricity tariff by Rs 7.12/unit. This action by NEPRA triggered the public and business sectors with concerns.
The factors that have contributed to deciding the rise in electricity base tariff are. The global increment in fuel charges causes high costs in electricity production. The Currency PKR depreciation in exchange of major international currencies.
Pakistan is importing the fuel and most of the equipment used in producing electricity. This hike in base electricity directly reflects the global exchange policy and increment of the charges.
The new base tariff for electricity is set to Rs 48.84 per unit for domestic users. Concern was raised among the businesses and the public with new rates. Consumers worry about their daily bills, while businesses are in fear of higher regulation costs.
