NEPRA’s Proposed Increase in Electricity Prices Could Reach Nearly Rs. 50 Per Unit

The National Electric Power Regulatory Authority (NEPRA) has suggested increasing the base tariff of electricity by Rs. 4.96 per unit, as part of fulfilling a requirement from the International Monetary Fund (IMF). The official announcement of this decision is expected to come after the approval of the federal cabinet.

NEPRA is currently discussing whether the increase should be implemented all at once or in stages. If the proposal receives the cabinet’s approval, the national average base tariff will rise to approximately Rs. 30 per unit, compared to the current average of Rs. 24.82 per unit. However, when the new base tariff is subjected to GST and other taxes, the per unit cost will reach Rs. 50.

The price hike is likely to be communicated through a notification following the cabinet’s approval.