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Tariff cut of Rs1.14 fails to satisfy businessmen

15 8
thursday

• Govt works out power tariff to be Rs31.59/unit compared to Rs32.73/unit last year
• Industrialists demand end to peak, off-peak charges; decry denial of promised ‘sizeable relief’
• No change in rates for first two slabs of domestic consumers; relief ranges between 3pc and 10pc depending on usage

ISLAMABAD: As the National Electric Power Regulatory Authority (Nepra) decided on Tuesday to reduce the national average power tariff by Rs1.14 per unit, the move was criticised by industrialists and businesspersons from Karachi as being “too minuscule”.

The decision to reduce the tariff was taken at a public hearing presided over by Nepra members Maqsood Anwar and Rafique Shaikh.

The government team, led by the Power Division additional secretary, Mehfooz Bhatti, said the regulator had determined national average tariff — excluding all taxes, surcharges and duties — at Rs34 for FY2025-26, down Rs1.50 per unit from Rs35.50 per unit last year.

After subsidies and cross-subsidies, the government has worked out the tariff to be Rs31.59 per unit, as compared to Rs32.73 per unit last year, a reduction of Re1.14 per unit.

The official said the same rate would apply to K-Electric consumers under the government’s uniform tariff........

© Dawn Business