Electricity prices in Pakistan to increase from Oct 1

NEPRA’s decision on CPPA’s request is expected very soon
An undated image of a power transmission tower, alongside NEPRA logo. — NEPRA/Canva
An undated image of a power transmission tower, alongside NEPRA logo. — NEPRA/Canva

The National Electric Power Regulatory Authority (NEPRA) is scheduled to hold a meeting today to consider the Central Power Purchasing Agency's (CPPA) request regarding electricity price increases across Pakistan.

According to reports, a price hike of 19 paisa per unit is expected under the fuel price adjustment mechanism, effective October, in Pakistan.

According to the reports, the distribution companies (DISCOs) received a total of 102.94 billion units of electricity in August, but production costs have significantly increased.

The average production cost for electricity in August was Rs7.50 per unit, compared to Rs7.31 per unit in July.

Electricity generated from local coal was priced at Rs12.01 per unit, while the cost of electricity from imported coal rose to Rs14.07 per unit.

According to the sources, NEPRA’s decision on the CPPA’s request is expected in the coming days.

Previously, NEPRA announced a decrease in electricity prices of Rs1.78 per unit for consumers nationwide, including those in Karachi.

“The relief is based on the variation in fuel costs for July and will be reflected in electricity bills for September,” NEPRA stated.

NEPRA had directed all distribution companies to clearly itemise the fuel charge adjustment (FCA) on consumers’ bills.