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

MVA allies concur on 85 Assembly seats each

Next Story

West urges China to release detained Uyghurs, Tibetans

Latest from -Top News

Kenya’s Odinga Slams Adani Deal U-Turn

Before the cancellation of the deal, Odinga was among the leaders who defended the Adani Group….reports Asian Lite News Kenya’s former Prime Minister Raila Odinga on Friday expressed disappointment over the cancellation

Hindus in Peril in Bangladesh

The rights group submitted new evidence to the ICC, accusing Muhammad Yunus’s interim government of top-level complicity….reports Asian Lite News The Human Rights Congress for Bangladesh Minorities (HRCBM) on Friday condemned a

India Takes Yoga to the World

Ahead of June 21, yoga events are being held worldwide, promoting health, harmony, and well-being for the 11th IDY…reports Asian Lite News Marking a global celebration of India’s cultural heritage, the Indian

War on Children Worsens, Says UN

The new high surpassed 2023, another record year, which itself represented a 21 per cent increase over the preceding year….reports Asian Lite News Violence against children in conflict zones soared to record

Munir-Trump Talks Last Over Two Hours

Reports suggest that the US Secretary of State Marco Rubio and US Special Representative for Middle Eastern Affairs Steve Witkoff also took part in the meeting…reports Asian Lite News Pakistan’s Army Chief
Go toTop

Don't Miss

‘Karachi airport blast which killed Chinese nationals a conspiracy’

The blast took place when a suicide bomber crashed the

Over 900 Afghan Refugees Leave Pakistan

More than 1.5 million Afghan refugees have returned from neighbouring