New electricity rates will be implemented from July 2024

Transcript

00:00In July, new electricity tariffs will be imposed on consumers.

00:03We will talk to Ali Malik, who is with us.

00:05Ali, please tell us.

00:06After the approval of the Act, the decision to add more than Rs. 5 to the electricity tariff

00:12has been added to the NEPRA.

00:13The NEPRA will consider this on July 8 and will make a decision on it.

00:16Along with this, the announcement that has been issued on the basis of the PowerDVN has

00:20been said that from July, new electricity tariffs will be imposed.

00:23And this new electricity tariff will have a slight effect on the monthly bill of most

00:29consumers.

00:30The government has also given a subsidy of Rs. 440 crores for the increase in electricity

00:34bills.

00:35This has been said by the PowerDVN.

00:36It has also been said that the increase of 1.68 crore or 58% for poor consumers will

00:41be reduced by 2%.

00:42While for the relatively rich consumers, the increase will be 9%.

00:45It has also been said that if the economy improves, there is an expectation of a decrease

00:50in electricity prices.

00:51For all consumers by January 2025, there is an expectation of a 3% decrease in electricity

00:55prices compared to June 2024.

00:57Along with this, it has also been said that...

01:00Okay.

01:01Thank you very much.