Another inflation bomb as power tariff likely to increase again
LAHORE MIRROR — As the issue of unresolved and excessive electricity bills continues to linger, a new source of concern emerges, potentially burdening consumers with additional costs in the form of fuel price adjustments.
Detailed reports indicate an impending increase in electricity rates by Rs 2.7 per unit. The National Electric Power Regulatory Authority (Nepra) is set to deliberate on a request from distribution companies (discos) for a price hike based on adjustments in fuel prices.
For government-operated distribution entities, this proposed increase is envisioned as a monthly alteration tied to fuel price fluctuations. Should it receive approval, consumers could find themselves grappling with an added financial load of Rs 35 billion.
Notably, the public outcry against excessively high electricity bills has spread across the nation, leading to demonstrations in major cities as well as smaller towns. Protesters in Lahore, Karachi, Peshawar, and Quetta have taken symbolic stands by burning their electricity bills.
In tandem, the business community has declared the potential for a nationwide strike, with businesses shutting down operations if electricity bills remain unaddressed without any reduction. This stance underscores the growing frustration among citizens and business establishments, as they face escalating financial pressures attributed to soaring energy expenses.