Pakistani consumers may soon face higher electricity bills as the Central Power Purchasing Agency (CPPA) has proposed an increase of Rs2.63 per unit in electricity prices. This request, submitted to the National Electric Power Regulatory Authority (NEPRA), is aimed at adjusting for monthly fuel costs.
The government-owned distribution companies have already been charging elevated rates, and this proposed adjustment will further burden consumers. The CPPA justifies the increase by citing the necessity of a monthly fuel cost adjustment (FCA).
NEPRA is scheduled to hold a hearing on the CPPA’s request before making a final decision. If approved, the new rates will be applicable for one month, impacting both household and business budgets significantly.
This potential rate hike comes amidst ongoing economic challenges, where rising fuel prices have considerably increased the cost of electricity production. Consumers are preparing for higher bills in the near future as NEPRA evaluates the proposal.
In a related development, NEPRA had recently reserved its decision on K-Electric’s request to increase electricity rates in Karachi by Rs5.45 per unit. This application, submitted under the Fuel Price Adjustment (FCA) mechanism, sought an increase for the months of May and June.
As NEPRA reviews these proposals, consumers across Pakistan are bracing for the financial impact of higher electricity costs, which add to the already substantial economic pressures they face.
