ISLAMABAD – Pakistan’s National Electric Power Regulatory Authority has increased electricity tariff by Rs4.96 per unit for ongoing fiscal year (FY24) in line of the demands of International Monetary Fund (IMF) as the country is facing worst debt crisis.
With the latest tax hike, the base tariff moves up to almost Rs30 per unit, from the current national average base tariff of Rs24 per unit.
Besides the increase in base taxes, the federal government increased the duration of electricity's peak hours from July 1. The peak hours have been increased by two hours. Previously, they were from 6 pm to 10 pm, but now they will be from 5 pm to 11 pm.1 day ago
New taxes of power tariff and additional charges
100 Units per Month
If the government approves NEPRA’s suggestions, the power consumers using around 100 units per month will see a surge of around Rs500 in their bills as the base tariff has been increased from Rs13.4 per unit to Rs18.36 per unit for this slab. The minimum bill will be Rs1840.
200 Units per Month
Those using 200 power units and more will pay Rs1,000 more and the total bill will be increased from Rs3,700 to Rs4,700. For this slab, the base tariff will rise to 23.91 per unit.
300 Units per Month
People, who consume 300 units or more in a month will see their bills upto Rs8,000 or more.
400 Units per Month
Power consumers, who use slight usage of ACs and other appliances and used 400 or more units, will get a minimum bill of Rs12,300.
500 Units per Month
People using 500 power units or more will saw a huge surge in their electricity bills and will be up to Rs16,000.
Pakistani currency rates against US Dollar and other currencies on May 16, 2024 (Friday) in open market.
US dollar was being quoted at 277.25 for buying and 280.05 for selling.
Euro stands at 296.25 for buying and 299 for selling while British Pound rate is 344.5 for buying, and 348 for selling.
UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.50.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 277.25 | 280.05 |
Euro | EUR | 296.25 | 299 |
UK Pound Sterling | GBP | 344.5 | 348 |
U.A.E Dirham | AED | 75.15 | 75.9 |
Saudi Riyal | SAR | 73.50 | 74.2 |
Australian Dollar | AUD | 180.5 | 182.2 |
Bahrain Dinar | BHD | 739.77 | 747.77 |
Canadian Dollar | CAD | 203 | 205 |
China Yuan | CNY | 38.49 | 38.89 |
Danish Krone | DKK | 40.25 | 40.65 |
Hong Kong Dollar | HKD | 35.61 | 35.96 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.91 | 1.99 |
Kuwaiti Dinar | KWD | 904.28 | 913.28 |
Malaysian Ringgit | MYR | 58.69 | 59.29 |
New Zealand Dollar | NZD | 167.45 | 169.45 |
Norwegians Krone | NOK | 25.67 | 25.95 |
Omani Riyal | OMR | 722.59 | 730.59 |
Qatari Riyal | QAR | 76.41 | 77.11 |
Singapore Dollar | SGD | 203 | 205 |
Swedish Korona | SEK | 25.67 | 25.97 |
Swiss Franc | CHF | 306.51 | 309.01 |
Thai Bhat | THB | 7.57 | 7.72 |
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