The federal government has decided not to increase the power tariff for electricity users who consume up to 200 units per billing cycle, sources informed ProPakistani.
Prime Minister Shehbaz Sharif has rejected the economic team’s proposal to raise electricity rates for protected consumers. He directed that there will be no increase in tariffs for consumers using 200 units or less in the next fiscal year.
Sources indicated that around 20 million protected consumers will benefit from the subsidy on electricity rates. For the next fiscal year, electricity rates for protected domestic consumers will remain unchanged. However, the tariff for large consumers will see an increase starting in July 2024.
By the end of the current fiscal year, the government will have provided a subsidy of Rs. 160 billion to protected consumers.