Electricity consumers in Pakistan are facing tough times ahead as the National Electric Power Regulatory Authority (NEPRA) has just announced a significant increase in electricity prices. The decision, made public recently, means a jump of Rs 7.5 per unit, starting from the January monthly fuel adjustment and showing up in March bills.
The reason behind this move is to cover the increasing costs linked with the fuel used in generating power, which heavily impacts electricity tariffs nationwide. This means households and businesses will have to shell out more money each month for electricity.
However, there’s some relief for certain groups. Lifeline and K-Electric consumers won’t be affected by this price hike as they fall under special subsidy programs. This exemption aims to ease the financial burden on these vulnerable groups.
Despite this, the majority of electricity consumers face high bills. With March bills on the horizon, households and businesses are gearing up to deal with rising electricity prices, adding to their financial challenges.