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Power prices hike by Rs 1.95 per unit

The government has increased the price of electricity by Rs 1.95 per unit

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ISLAMABAD: As a new blow to inflation-hit people, power prices hike by Rs 1.95 per unit.

The government, on Friday, increased the price of electricity by Rs 1.95 per unit.

The increase in electricity prices will only apply to October bills, the notification said.

NEPRA has approved a further increase of Rs 1.95 per unit in terms of monthly fuel charges adjustment.

NEPRA has approved an increase of Rs 1.95 paise per unit in the August monthly fuel charges adjustment.

A formal notification has also been issued in this regard.

The notification said that CPPAG had requested an increase of Rs 2.7 per unit in the price of electricity.

The Authority held a public hearing on the FCA on September 30, 2021.

In this public hearing, the authority approved an increase in the unit price of electricity by Rs 1.95 per unit.

According to the notification, the increase in electricity price will be applicable only on the bills for the month of October.

This increase will be applicable to all Discos customers except Lifeline customers.

The fuel price adjustment will not apply to electric consumers either.

Public Reaction on Power Prices Hike:

Inflation was already so high that now there is a risk of a storm of inflation.

This storm of inflation will also destroy the endurance of the people.

Just last week, the government slashed the prices of petroleum products.

Last week, the government increases the price of petrol by Rs 4 per liter.

The people and the opposition parties had rejected the increase in the prices of petroleum products. They had demanded its withdrawal.

Electricity rates have now risen alarmingly.

Public circles have already rejected the increase in prices, but now even the political parties are not able to tolerate the increase in the prices of petroleum products.

That is why as soon as prices are raised, political parties immediately come out against it.

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