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Articles for tag: bills, consumers, Electricity, fuel, part, price, Relief, revisions, September

September 12, 2024

News Desk

Consumers will get relief in September on their electricity bills as part of fuel price revisions

A representational image of a transmission tower, also known as a power pylon. — AFP/File Electricity rates were reduced by Rs 2.93 per unit for September. Prices rose by Rs 1.74 on a quarterly basis. People using up to 300 units to get relief of Rs 2.19/unit. As millions across Pakistan continue to struggle with rising utility bills, the Power Division said consumers will be able to avail a relief of up to Rs 2.65 (inclusive of tax) on their electricity bills for September thanks to fuel adjustments. In a statement, the Power Department said electricity prices were reduced by

August 28, 2024

News Desk

Traders across Pakistan observe strike against hike in taxes and electricity bills

A man sits in front of closed shops along a street in Peshawar on September 2, 2023, during a nationwide strike by traders against rising electricity and fuel prices. — AFP “The political leadership has failed,” says the head of the traders. JUI-F, JI and PTI support traders’ call for nationwide strike. Traders are hinting at an extended strike period if the demands are not met. To protest the government’s tax reforms, traders across the country are observing a nationwide strike on Wednesday with the support of traders’ associations and political parties. Political parties targeting traders include Jamiat Ulema-e-Islam Fazl

August 22, 2024

News Desk

Increased electricity bills for KE consumers in October, November

A person holds a bill in his hand. — KE Additional Rs 2.5934/unit, Rs 3.1688/unit for October, November requested by KE. KE initially sought a hike of Rs 2.53/unit for May, Rs 2.92/unit for FCA June. Nepra has been criticized by consumers for not protecting public interest. ISLAMABAD: Electricity consumers in Karachi will be charged higher bills in October and November after the National Electricity Regulatory Authority (Nepra) approved K-Electric’s request to collect additional charges in the aforementioned months. According to a The News news report on Thursday, KE asked the power regulator to approve the collection of an additional

August 2, 2024

News Desk

Will there be relief on electricity bills? Here’s what the experts say

People shout slogans against hikes in fuel prices and electricity bills during a protest in Karachi. — Reuters/Archive The University of Karachi’s Center for Applied Economic Research organized a panel discussion on challenges and solutions related to the country’s energy crisis on Thursday. Speakers during the event — Pakistan’s energy crisis and IPPs: how overpricing affects quality of life and paths to solutions — observed that Independent Power Producers (IPPs) are enjoying free rein in Pakistan and there is no check and balance on their performance, outputs and in particular agreements signed with them. They informed the public that now

July 17, 2024

News Desk

Former, sitting ministers at odds over IPP deals as power bills continue to rise

Federal Minister for Power, Awais Leghari (left) and former Federal Minister for Home Affairs and Commerce Gohar Ejaz. —x/GovtofPakistan/APP Leghari calls Ejaz unaware, tells him to fix his stats. He says he is moving to privatize loss-making power companies. Gohar Ejaz says IPP contracts have burdened the public with Rs 200 billion. Federal Energy Minister Awais Leghari has said the government cannot act unilaterally against independent power producers (IPPs) on power purchase agreements (PPAs) that are bleeding the national exchequer like there is no tomorrow. “The government has guaranteed the IPP contracts. [That said] we are moving towards privatization of

July 1, 2024

News Desk

Digital transformation starts with electricity bills

KARACHI: According to the Nepra State of Industry report, in FY23, 38.2 million electricity customers across Pakistan consumed 112 billion units in the year with a total value of Rs 3.7 trillion. These numbers not only show the scale of the industry, but also a hidden opportunity. Traditionally, Pakistan’s economy runs on a river of rupees with a heavy reliance on cash-based payments. But the tide is turning. Covid-19 became an unexpected catalyst, pushing businesses and banks to expand their digital services and payment methods. Figures from the State Bank show that the volume of utility bill payments through online

April 11, 2024

News Desk

Electricity prices cut for April electricity bills: Energy Minister

A representational image of pylons and power lines. — Reuters/File “Fuel price adjustment reduced to Rs 4.92 from Rs 7.6 for April”. Fuel adjustment calculates the cost incurred to produce power. Prime Minister Shehbaz Sharif asked to provide maximum relief to the nation. In a much-needed relief to the inflated people, Federal Energy Minister Awais Leghari announced that electricity prices for April electricity bills have become cheaper compared to the previous month. “The per unit price of electricity was reduced by Rs 3.83 in the month of April. The overall decrease is due to quarterly adjustments and fuel prices in

February 2, 2024

News Desk

UK water bills will rise sharply above inflation in April

Water pouring into a glass. — X/@kablo British campaigners are criticizing water companies for predicting standard rises in residential bills in April that will be higher than current inflation. According to provider trade group Water UK, the average annual water and sewerage bill in England and Wales is set to rise by 6%, or £27 to £473. In addition, water and waste charges in Scotland will rise by 8.8%, or £36. Water companies have come under fire after dumping sewage into rivers, according to BBC. “Next year will see record levels of investment by water companies to ensure the security

January 31, 2024

News Desk

Power consumers prepare for another increase in bills

Islamabad: Electricity consumers in Pakistan are on the brink of yet another financial shock as distribution power companies (DISCOs) seek approval from the National Electricity Regulatory Authority (NEPRA) to recover a staggering Rs 81.5 billion through quarterly adjustments for second quarter of financial year 2023-24 (October to December 2023). The burden stems mainly from capacity charges for power plants that have remained idle during this period, and this additional financial pressure will be passed on to consumers already struggling with rising electricity bills. DISCOs have formally submitted an application to NEPRA, stating that if their request is approved, consumers could

January 24, 2024

News Desk

Patrick Mahomes hits back at Buffalo Bills with wild locker room speech

Kansas City Chiefs quarterback Patrick Mahomes (15) reacts after the 2024 AFC Divisional Round game at Highmark Stadium in Orchard Park, New York, U.S., January 21, 2024. — Reuters A furious Patrick Mahomes stormed into the Kansas City Chiefs locker room, giving a sharp new meaning to the adage “Be careful what you wish for” after the Chiefs defeated the Buffalo Bills 27-24 in the divisional round Sunday at Orchard Park. “They asked for it and they got what they asked for,” the Chiefs quarterback told his teammates. “But he said, that didn’t happen. We’ll be back next week ready

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