October 24, 2024
2 mins read

Pakistan govt ends power subsidy for consumers

Starting in October, consumers using up to 200 units per month will face increased charges, ranging from Rs 9 to Rs 29 per unit, as the government subsidy comes to an end….reports Asian Lite News

The Pakistan federal government has made a significant move regarding electricity subsidies. The government has decided to withdraw the electricity subsidy for consumers using up to 200 units per month, according to a report by ARY News.

Starting in October, consumers using up to 200 units per month will face increased charges, ranging from Rs 9 to Rs 29 per unit, as the government subsidy comes to an end. Specifically, protected customers who consume up to 50 units will be charged Rs 9.39 per unit, while those using 51-100 units will pay Rs 13.64 per unit. Consumers utilising 101-200 units will see the steepest increase, with a rate of Rs 29.21 per unit.

Notably, the National Electric Power Regulatory Authority (NEPRA) has also introduced a new surcharge policy for late bill payments.

As per the reports, a 5 per cent surcharge will apply to bills paid within three days after the due date, while a 10 per cent surcharge will apply to payments made beyond that period, ARY News reported.

The government has provided some flexibility to the consumers and has decided that no surcharge will be applied if payments are made within the three-day grace period following the due date. This change replaces the previous uniform 10 per cent late payment charge on overdue bills.

Pakistan’s citizens have faced a continuous rise in electricity prices. In August, the electricity prices in the country rose for the 14th time, increasing the burden on Pakistani citizens, ARY News had reported.

According to the details, 14 adjustments were made from July 2023 to August 2024, resulting in an additional cost of over Rs 455 billion to consumers.

These adjustments had led to a significant increase in power prices, with the highest increase of Rs 7.06 per unit in March 2024. The constant changes in electricity prices have made it challenging for the citizens to manage their expenses, as reported by ARY News.

People urged the Pakistan government to review the fuel adjustment mechanism to provide relief to the public. (ANI)

ALSO READ: Spanish PM due in India, set to open C-295 aircraft plant in Vadodara

Previous Story

Yahya Afridi appointed 30th Chief Justice of Pakistan

Next Story

Chinese blockade will be considered an act of war, says Taiwan

Latest from -Top News

Is Bangladesh cosying up to Beijing and Islamabad?

The Kunming gathering appears to mark the beginning of a dangerous geopolitical maneuver. Behind the diplomatic curtain, efforts to forge a strategic bloc seem to be underway—one that not only threatens regional

UAE rolls out red carpet for Indian start-ups

MoU signed with IIT Bombay’s SINE as CEPA Start-up Series aims to accelerate market access for Indian ventures In a bid to bolster cross-border entrepreneurship and innovation, the UAE-India CEPA Council (UICC),

Fuel switch mystery in Air India horror crash

Cockpit voice recordings, fuel switch anomalies and a possible overlooked advisory emerge in early findings The preliminary investigation into the crash of Air India flight AI171, which went down shortly after take-off

Pentagon takes stake in rare earth firm

This partnership aims to enhance the US’s strategic independence in critical minerals, which are essential for both defense and commercial applications In a significant move to bolster domestic rare earth production, MP

UK Leaders Slam Bangladesh Interim Rule

UK Leaders Urge Starmer to Act Against Bangladesh Interim Regime…reports Asian Lite News Several prominent UK politicians — including current and former lawmakers — along with human rights advocates and religious community
Go toTop

Don't Miss

Imran Khan, wife get 7-year jail for unlawful marriage

The couple were present in the courtroom when the verdict

Dip in Pakistan’s textile exports by 14.63% to $16.5B during FY23

The textile export sector experienced a troubling trend of negative