The National Electric Electricity Regulatory Authority (NEPRA) approved a Rs2.86 per unit rise in power tariffs for March 2022 due to a fuel costs adjustment (FCA).
The Central Power Purchasing Agency (CPPA) had submitted a request to Nepra for a Rs3.15 per unit increase in electricity prices.
Consumers will face an additional expense of Rs28.9 billion as a result of the decision to raise power tariffs.
Except for lifeline customers and K-Electric customers, all distribution company customers will pay the FCA with their May 2022 bills.
In their plea, the CPPA claimed that in March, a total of 10 billion units were produced at a cost of Rs94 billion.
It informed the regulatory body that the cost of power generated from thermal oil was Rs22.52 per unit in March, while the cost of electricity generated from LNG was Rs14.36 per unit.