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Electricity Consumers Brace for Another Significant Price Hike

Electricity Consumers Brace for Another Significant Price Hike

The Central Power Purchasing Agency (CPPA) has requested an increase of Rs. 5.62 per unit in electricity prices for ex-Wapda Distribution Companies (DISCOs) for the month of December 2023, in terms of fuel charges adjustment.

The National Electric Power Regulatory Authority (NEPRA) has accepted the request and scheduled a public hearing on January 31.

Also Read: Weekly Inflation Surges Over 44% Amid Soaring Gas and Food Costs

According to CPPA’s petition on behalf of DISCOs, the cost charged from consumers in December was Rs. 5.4031 per unit, while the cost of the energy delivered to DISCOs was Rs. 11.0225 per unit. The requested increase of Rs. 5.6194 per unit includes previous adjustments of Rs. 0.7003 per unit.

It’s important to note that NEPRA had previously notified a Rs. 4.12 per unit increase in the price of electricity in terms of fuel charges adjustment (FCA) for DISCOs for the month of November, and this increase will be reflected in consumers’ bills for the current month, i.e., January.

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