The National Electric Power Regulatory Authority (NEPRA) announced another price hike in the power tariff by Rs4.74 per unit.
The decision has been taken on account of fuel charges adjustment (FCA) for October 2021.
The FCA for October 2021 will be charged with the bill of December 2021, which will be paid by all consumer categories of distribution companies, except for lifeline customers of all ex-WAPDA distribution companies (XWDISCOs).
It is pertinent to mention that 10.98 billion units of electricity were sold during October.
The Rs4.74 increase will put a burden of Rs60 billion on consumers, including a 17% GST.
“While effecting the fuel adjustment charges, the concerned XWDISCOs shall keep in view and strictly comply with the orders of the courts notwithstanding this order,” the notification read.
Earlier this week, the regulatory authority notified another hike in the price of electricity for Karachi, increasing the rate by Rs3.75 per unit.
As per the notification, the latest adjustment in the approved tariff for Karachi has been made on account of the fuel charges’ adjustment for September, which would be included in the electricity bills for December.
In this regard, PPP Chairman Bilawal Bhutto-Zardari while lambasting the government, said it had already “looted” billions of rupees from the masses through the electricity bills.
He went on to state that “after an annual increase in electricity prices, the addition of fuel adjustment charges to electricity bills is tantamount to the economic murder of people”.
“By acting on the IMF’s (International Monetary Fund) directives to increase electricity costs, Imran Khan has turned from a local puppet to an international one,” Bilawal said.
Bilawal further stated that PPP was against the “PTIMF budget since day one” and asked what became of the lofty promises of economic development that the PTI had made.
“Imran Khan is guilty of pushing people into the bog of inflation, we will not forgive him,” he said, and announced that the PPP would hold countrywide protests against inflation on December 10.
Bilawal concluded by stating that the series of protests against the government “will now culminate in the ouster of the government”.
