Electricity Fuel Price Adjustment May 2023

The National Electric Power Regulatory Authority (NEPRA) has recently announced a temporary adjustment in electricity prices in Pakistan. Effective immediately, the price of electricity will be increased by 70 paisas per unit. However, it is crucial to note that this additional charge is applicable for only one month, specifically for the billing cycle in May. It will be incorporated into the bills as a fuel price adjustment. Check out your current mepco bills here now.

We are pleased to inform all consumers of Karachi Electric that you are exempt from this price increase. This exemption has been implemented to alleviate any financial burden on consumers in Karachi during this period.

It’s important to understand that electricity prices in Pakistan are influenced by several factors, with the price of fuel being a significant determinant. Since Pakistan relies heavily on fuel imports, fluctuations in fuel prices impact electricity costs. The price of fuel, in turn, is directly influenced by the exchange rate between the Pakistani Rupee and the US Dollar. These fluctuations are tied to the overall economic conditions of the country and its foreign exchange reserves.

In other news, the Utility Stores Corporation has recently issued a notification regarding a decrease in prices of branded ghee and cooking oil. Effective immediately, the price of ghee has been reduced by Rs69, while the price of cooking oil has been decreased by Rs18, resulting in a new price of Rs76.

Here is the Complete PDF/Notification from Nepra:

TRF-100 MFPA MAR-2023 XWDISCOS FCA 25-05-2023 13105-20

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