Power tariff hiked also for bulk, farm, services consumers

ISLAMABAD: The federal cabinet has approved the increase in basic electricity tariff for services and bulk consumers. It was approved to increase the basic tariff for commercial consumers by Rs8.04, agriculture consumers by Rs6.62, general services by Rs6.96 and for bulk consumers by Rs5.96.

According to government sources, approval was taken from the federal cabinet through circulation summary to increase the basic electricity tariff for commercial consumers by Rs8.04 after which the basic tariff would be hiked to maximum Rs77.15 per unit for commercial consumers from this month (July).

An increase in the basic tariff of agricultural consumers by Rs6.62 per unit was approved after which the basic tariff would reach Rs46.83 per unit from July. While the electricity tariff for general services was hiked by Rs6.98 per unit and from July, increasing it to Rs61.03.

Whereas after an increase of Rs5.51 per unit, bulk consumers would pay Rs59.96 a unit from July. However, the cabinet maintained the basic tariff of electricity for industrial consumers.

The National Electric Power Regulatory Authority has been informed about the cabinet decision. After Nepra approval, the federal government would issue a notification to increase the basic electricity tariff.

The federal cabinet has approved an increase in the basic electricity tariff for domestic consumers by Rs7.12 per unit. However, all domestic consumers up to 200 units per month have been exempted from the increase for three months from July to September 2024. The increase in basic electricity tariff for domestic and other consumers is proposed to be implemented from July 1, 2024.