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July Electricity Bill Calculator: How much will you pay with the new rates?

09:32 AM | 2 Jul, 2024
July Electricity Bill Calculator: How much will you pay with the new rates?

Pakistani government further jacked up electricity prices to meet demands of the International Monetary Fund (IMF) amid broader efforts to secure funding from lender, which requires Islamabad to implement stern economic reforms to fix its Rs350 billion economy.

The electricity prices in the country are set to increase from July 1, with base tariff moving up by Rs 5.72 and fuel charges by Rs 3.41 per unit. The fresh hike in tariff will affect both protected and non-protected consumers.

The government placed consumers into two categories, protected and non-protected for determining electricity bills. Those who cross 200-unit limit for protected consumers results will pay more in monthly expenses.

If a protected consumer crosses the 200-unit threshold in month, they are moved to the non-protected category. This change leads to a steep rise in their monthly bill and they remain in the non-protected category for next six months.

After period of 6 months, consumers can revert to the protected category if their usage stays within the 200-unit limit. 

Daily Pakistan Global Web Desk

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Today Open Market Currency Rates - Pak Rupee to US Dollar, Euro, Pound, Riyal - 4 July 2024

Pakistani currency rates against US Dollar and other currencies on July 4, 2024 (Thursday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.9 for buying and 280.95 for selling.

Euro's buying rate moves up to 294.5 and selling rate is 298 while British Pound rate is 350.5 for buying, and 353.5 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal increases to 73.2.

Currency Symbol Buying Selling
US Dollar USD 277.9 280.95
Euro EUR 294.5 298
UK Pound Sterling GBP 350.5 353.5
U.A.E Dirham AED 75.05 75.8
Saudi Riyal SAR 73.20 74
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.22 748.22
Canadian Dollar CAD 203 205
China Yuan CNY 38.29 38.69
Danish Krone DKK 40.03 40.43
Hong Kong Dollar HKD 35.63 35.98
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 907.71 916.71
Malaysian Ringgit MYR 58.99 59.59
New Zealand Dollar NZD 169.34 171.34
Norwegians Krone NOK 26.14 26.44
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.44 77.14
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.27 26.57
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.55 7.70

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