ISLAMABAD: In a bid to meet the conditions of the International Monetary Fund (IMF), the government has decided to increase the duration of electricity’s peak hours effective from July 1.
Peak hours are the hours of the day during which electricity demand is the highest. During this period, people are charged the highest amount per kilowatt-hour used.
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 Power Division has decided that consumers using time of use metre would pay Rs49.35 per unit during peak hours from 5pm-11pm, and after peak hours, they will pay Rs33.3 per unit from 11pm-5pm.
Those with three-phase metres will now pay Rs50 per unit during peak hours as opposed to Rs30 per unit earlier.
To cover the line losses and control the power sector’s circular debt, the government aims to collect more than Rs3 trillion from the masses — and increasing peak hours is a way to increase revenue.
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