The announcement of a significant increase in electricity tariffs by the National Electric electricity Regulatory Authority (NEPRA) dealt further damage to Pakistanis already suffering from inflation.
The budgets of homes and businesses would be immediately impacted by the increased tariff, which amounts to an increase of Rs 3.32 per unit. Many citizens who are already burdened by the rising prices of necessities will probably find this difficult to handle.
The change is intended to take into consideration changes in fuel prices, which have an immediate impact on the cost of producing power. Consumers, who already have to contend with growing costs for necessities like food and shelter, will find this rise difficult to bear.
The details of the rate modification are described in NEPRA’s notification and will be shown in future electricity bills. Periodically, the regulatory body evaluates and modifies power rates in accordance with on various factors, including changes in fuel costs.
