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

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

India-EU FTA expected by year-end

India and the European Union are hopeful of signing their proposed free trade agreement by the end of 2026. The pact could come into force next year…reports Asian Lite News Desk The

Modi, Swiss President hold talks in New Delhi

Prime Minister Narendra Modi and Swiss President Guy Parmelin held bilateral talks in New Delhi on Monday during Parmelin’s three-day State visit…reports Asian Lite News Desk Prime Minister Narendra Modi met Swiss

Russian Navy Team Visits Kerala

A six-member Russian Navy delegation visited key Indian naval training establishments in Kerala as New Delhi and Moscow seek closer defence ties…reports Asian Lite News Desk A six-member Russian Navy delegation led

India, Visegrad-4 Reset Opens New European Front

India’s renewed engagement with the Visegrad-4 could strengthen ties with Central and Eastern Europe as the regional grouping seeks a fresh role…reports Asian Lite News Desk The meeting between External Affairs Minister

India, Cyprus Deepen Maritime Cooperation

India and Cyprus have held the first meeting of their Joint Maritime Committee, focusing on maritime cooperation, investment and green shipping…reports Asian Lite News Desk India and Cyprus have held the first
Go toTop

Don't Miss

Cops baton-charge doctors in Pak capital

A number of doctors and police officers were also injured

Windies arrive in Pakistan for T20, ODI series

The West Indies cricket team arrived here on Thursday for