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Electricity Price Hike In Pakistan: A Comprehensive Overview

Pakistani citizens are facing increased financial strain as electricity prices surge for the 14th time in the past year.

Electricity Price Hike In Pakistan: A Comprehensive Overview

The electricity prices in Pakistan have surged for the 14th time in the past year, significantly increasing the financial burden on Pakistani citizens, ARY News reported.

According to the details, 14 adjustments were made between July 2023 and August 2024, resulting in an additional cost of over Rs 455 billion to consumers. These adjustments have led to a notable rise in power prices, with the highest increase of Rs 7.06 per unit occurring in March 2024.

The constant fluctuations in electricity prices have made it challenging for citizens to manage their expenses, as reported by ARY News. Many people have urged the Pakistani government to review the fuel adjustment mechanism to provide relief to the public.

ALSO READ: 5 People Die In Armed Clash Over Land Dispute In Pakistan

Earlier, amid the continuous hike in power tariffs, a man killed his brother over a dispute about an electricity bill in Gujranwala. The two brothers, who lived with their elderly mother, had a disagreement over a bill that had exceeded Rs 30,000. The argument escalated, leading one brother to stab the other with a sharp-edged knife, according to ARY News.

Recently, the National Electric Power Regulatory Authority (NEPRA) announced an increase in the electricity tariff by Pakistani Rupees (PKR) 2.56 per unit. This increase adds to the financial strain that consumers are already facing due to rising energy costs.

Additionally, earlier this month, K-Electric announced that electricity consumers in Karachi would receive inflated bills in August. The notification stated that the bills would include three months of adjustments, causing customers to pay up to Pakistani Rupees (PKR) 3.22 per unit.

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