ISLAMABAD: Pakistan’s 10 power distribution companies (DISCOs) have sought a further increase of Rs3.50 to Rs6 per unit in consumer bills under the last quarterly tariff adjustment for the last fiscal year of 2022-23.
National Electric Power Regulatory Authority (NEPRA) on August 23 conduct a hearing on the petitions of the 10 DISCOs which could result in an additional burden of Rs144.688 billion on consumers, dating back to July 1, 2023.
The official said: “If the required increase is recovered from consumers in the first three months of FY24, the tariff increase would be in the range of Rs5-6 per unit.
“However, if the increase is spread over six months, the tariff increase would be in the range of Rs2.50-3 per unit. Ultimately, it is up to the government to decide how to deal with the increase in the head in the fourth quarter of FY23.”
The average tariff of ToU consumers whose end tariff, after inclusion of surcharges, electricity duty, PTV fee, GST, Sales Tax, FPA, and ongoing QTA, in the third quarter of FY23 stands at Rs49.57 per unit.
Comments are closed.