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After Cabinet Approval Raises Commercial Electricity Rates To Rs77.15 Per Unit

After Cabinet Approval Raises Commercial Electricity Rates To Rs77.15 Per Unit

The federal cabinet has agreed to increase commercial electricity rates, agricultural, and large consumers, while maintaining current rates for industrial users, according to reports on Thursday.

The Power Division notified the National Electric Power Regulatory Authority (Nepra) of this decision. Starting in July, commercial consumers will see their per-unit rate rise by Rs8.04 to Rs77.15.

Read more: Government Rolls Back Recent Hike In Electricity Prices

Agricultural consumers will experience a Rs6.62 per unit increase, bringing their rate to Rs46.83. Meanwhile, the tariff for general services will climb by Rs6.98 per unit to Rs61.03, and non-protected consumers will face a Rs5.51 per unit hike to Rs59.96.

Industrial consumers will continue to pay unchanged rates. Nepra recently announced a fuel cost adjustment increase of Rs3.33 per unit for May, affecting all consumer categories except Electric Vehicle Charging Stations (EVCS) and lifeline consumers.

The additional cost to consumers in this fiscal year is estimated to exceed Rs580 billion. This decision follows the government’s approval of a potential 51% or Rs7.12 per unit price hike effective from July.

The average national electricity price has increased by Rs4.55 per unit, raising the uniform rate from Rs29 to Rs35.50 per unit. Prime Minister Shehbaz Sharif announced relief measures for consumers using less than 200 units of electricity over the next three months.