Electricity Tariff Likely To Be Increase

Islamabad, (UrduPoint / Pakistan Point News – 25th July, 2016) : An increase in electricity rates is expected after the increase in furnace oil rates. After adding up to three thousand seven hundred per tons cost of fuel used in the production of electricity, district power companies have started preparations to increase the electricity rate.

The price of furnace oil produced domestically increased from 38 thousand 500 to 42 thousand 200 to 37 thousand per ton, while imported furnace oil rates have reached Rs 1,700 per ton. Experts estimated the cost of the power unit from furnace oil in May was Rs 6, if retained, if the proportion of electricity generated from furnace oil in the production of electricity remained same then the per unit rate of electricity will be increased for the public.