Electricity tariff likely to go up by Rs3.75/unit
October 16, 2018
ISLAMABAD: After an increase in the gas tariff, the government is likely to increase the price of electricity by Rs3.75 per unit.
A decision regarding the hike in electricity tariff will be taken today (Tuesday) during an Economic Coordination Committee (ECC) meeting chaired by Finance Minister Asad Umar.
On Monday, the government prepared a summary regarding a hike in power tariffs.
“Recommendations have been made for increase in prices for the years 2016-17 and 2017-18 as per which the price per unit is expected to rise to Rs3.75,” sources said regarding the summary.
“With the recommended rise in power tariff, an additional Rs400 billion per month is expected to be collected from consumers,” sources added.
Meanwhile, Federal Minister for Energy Umar Ayub said that Prime Minister Imran Khan has directed to reduce the burden on the common man.
A day earlier, the finance minister said that the Pakistan Tehreek-e-Insaf (PTI) government had reduced the burden on common man as compared to the Pakistan Muslim League-Nawaz (PML-N) government, which had levied increased taxes on items necessary for a common man and increased electricity prices. However, the incumbent government had only imposed taxes on luxury cars and expensive mobile phones, the minister said.
