The federal cabinet has given the green light for a substantial surge in electricity prices in order to meet the conditions set by the International Monetary Fund (IMF). This decision has sent shockwaves through the masses, who are already grappling with the effects of inflation.
New Tariff Structure: Impact on Consumers
Under the recently approved tariff structure, the price per unit of electricity has skyrocketed from Rs. 3 to Rs. 7.50 per unit. The federal cabinet has circulated this major price adjustment, adding further financial burdens on the people.
Varying Price Adjustments Based on Consumption
The proposed price adjustments will differ according to consumption levels
| Consumption Levels (Units) | Proposed Price per Unit (Rs.) |
|---|---|
| Up to 100 units | 3 |
| 101 to 200 units | 4 |
| 201 to 300 units | 5 |
| 301 to 400 units | 6.50 |
| 401 to 700 units | 7 |
Following the evaluation by Nepra, the federal government will officially notify the implementation of the proposed tariff hike, scheduled for July 1.
