Electricity consumers may soon face a heavier financial burden as the Central Power Purchasing Agency (CPPA) has requested a significant increase in electricity prices.
In their application submitted to the National Electric Power Regulatory Authority (Nepra), the CPPA has proposed an increase of Rs7.13 per unit, citing the need for a fuel adjustment for January.
If approved by Nepra, this hike could translate into an additional burden of Rs80 billion on the already strained shoulders of electricity consumers.
The Nepra Authority is scheduled to convene on February 23 to deliberate on the CPPA's application, a decision that will significantly impact millions across the country.
The dynamics behind this proposed increase shed light on the complexities of power generation in Pakistan. In January alone, the costliest source of electricity was diesel, priced at Rs45.60 per unit, accounting for 10 million units of production.
Furnace oil, generating seventy-five crore units, stood at Rs35, while electricity imported from Iran was priced at Rs32.80 paise per unit. Overall, a staggering Rs7 billion units of electricity were generated during the month.
With preparations for connecting electricity consumers now complete, the looming prospect of increased tariffs underscores the challenges faced by both the government and the populace in balancing the need for sustainable energy solutions with the economic realities on the ground
