ISLAMABAD: The government on Saturday gave a green signal to a massive up to Rs7.50 per unit increase in the base tariff of electricity against the national average tariff determination of Rs4.96 by the power regulator.
The federal cabinet approved the summary via a circular. A request has been made to the National Electric Power Regulatory Authority (Nepra).
According to Federal Secretary Energy Rashid Mahmood Langrial 55% of electricity consumers would not be affected by the hike in tariff.
Last week, the regulator raised the tariff to increase revenue collection for the loss-making power distribution companies (Discos) during the current fiscal year.
The increase will come into force from July 1 after formal notification by the Nepra following a public hearing.
According to a Nepra statement, the revised national average tariff for the fiscal year 2023-24 has been determined at Rs29.78 per unit kWh, which is Rs.4.96 per unit higher than the previously-determined national average tariff of Rs24.82.
