ISLAMABAD: The already entangled electricity consumers, with the exception of those of K-Electric, have been deprived of Rs27 billion annual subsidy with the withdrawal of Rs1.50 per unit subsidy.
According to reports, the Ministry of Water and Power has imposed Electricity Equalization Surcharge of Rs1.50 per to cut down subsidy being offfered on electrcity.
Although the National Electric Power Regulatory Authority (NEPRA) had proposed Rs1.50 reduction in the electricity tariff, the Water and Power Ministry blocked the relief by imposing a new surcharge.
The Electricity Equalization Surcharge has been made applicable with effect from October 1 and it will remain imposed till July 31, 2015. According to the spokesman of the ministry, the notification to this effect has been issued.
He claimed that the power consumers would have to face no impact as the NEPRA’s proposed reduction in power tariff of Rs1.50 per unit and the same amount of Electricity Equalization Surcharge will cancel out each other.
