After petrol, electricity more expensive; bad news for consumers across country including Karachi

Electricity is likely to become expensive for electricity consumers across the country including Karachi under monthly fuel adjustment for August, for which a formal application has been submitted.

If this application is approved, electricity price may increase by Rs 1.73 per unit.

National Electric Power Regulatory Authority (NEPRA) will hear the application filed by Central Power Purchasing Agency (CPPA) on September 29.

This proposed increase is also likely to be applicable to K-Electric consumers.

According to CPPA, 14 billion 46 crore 40 lakh units of electricity were supplied to DISCOs in August, while cost of electricity supplied to DISCOs remained Rs 8.82 per unit.

37.84 percent electricity was generated from water in August. According to CPPA, 10.88 percent electricity was generated from local coal while 15.59 percent from imported coal.

According to data, 2.15 percent electricity was generated from furnace oil in August, while share of electricity generation from local gas remained 7.04 percent and from imported LNG 8.48 percent.

According to CPPA, production cost of electricity from furnace oil remained Rs 45.25 per unit while production cost of electricity from imported LNG remained Rs 45.92 per unit.