ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has ratified the government’s decision to increase the price of electricity, paving way for an increase in the basic price of electricity. This followed late Thursday night the OGRA decision to hike fuel prices.
The NEPRA has decided to increase the price of electricity by Rs1.68 paisa for domestic consumers and Rs1.39 paisa for commercial and industrial consumers. According to officials, the increase will not apply to consumers up to 200 units per month, while the increase in electricity prices will be applicable from November 1, 2021. The increase is applicable for the entire country, including K-Electric consumers, while the increase in the price of electricity will fetch the government Rs135 billion annually.