Massive electricity price increase adds to inflation-hit Pakistanis woes

[epebble]

Will any Pakistani government have the courage to ask Chinese companies to renegotiate IPP contracts ?

Will you consider suing your dad?

 

[Azadkashmir]

IK is slave of the jews.

isnt sharifs serving the zion jews from usa.

 

[Abdul Rehman Majeed]

isnt sharifs serving the zion jews from usa.

Talking to jews in the US is one thing but having a jew in your bed is at an another level.

 

[my2cents]

ISLAMABAD – Pakistani government has added to the woes of inflation-weary people already bearing the brunt of record inflation by approving a massive increase in base tariffs of electricity.

Federal cabinet gives final nod with a circulation summary after Nepra proposed to raise electricity prices earlier this month.

With the latest surge, the base tariff of electricity increased by up to Rs7.50 per unit, which will add thousands in electricity bills every month.

The top slab of tax increase is for those power consumers who are using between 450-700 units per month. The new rates will take effect from July 1 as government issues a notification following a decision by National Electric Power Regulatory Authority.

The recent taxes allowed the government to shift the burden of power subsidy as IMF called on the government to raise power tariff along with other measures.

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Massive electricity price increase adds to inflation-hit Pakistanis woes - Pakistan Observer

ISLAMABAD – Pakistani government has added to the woes of inflation-weary people already bearing the brunt of record inflation by approving a massive increase in base tariffs of electricity. Federal cabinet gives final nod with a circulation summary after Nepra proposed to raise electricity...

pakobserver.net

The government continues to make electricity more expensive for the consumers. The government will not stop spending billions on buying new cars and giving electricity for free to numerous corrupt LESCO officers but will transfer this cost to general consumers.

Many had to pay hefty sums to LESCO in the previous year. Now people know better and have reduced use of AC in summer so the government continues to make electricity more expensive for the masses. This damned country is being run to serve the privileged few.

You guys keep saying that people in general are richer but the government is poor in Pakistan while Indians are opposite. I want to see how much your rich awaam will take this and the impact on your economy.

 

[my2cents]

From https://pakobserver.net/how-much-electricity-base-tariff-hike-will-increase-monthly-bills/

After the recent increase, the base tariff will be Rs29.78 per unit. That is about $0.1 per kWh. Cheapest electricity in USA costs $0.1 per kWh. So, the problem is not really electricity costs are high, but it is unaffordable due to low income. Electricity can't be magically produced cheaply since fuel has to be imported, capital equipment is imported and hence inputs will all be at international costs. Labor cost is minimal in electricity generation and hence Pakistan's lower labor costs will not be of much help. Definitely, there is room for improvement and reduction in wastage and pilferage etc. but crying hoarse that electricity is expensive is not going to solve any problem.


What was the subsidy? After the subsidy, the investment looks attractive. About $3,000 investment is generating about $600 of electricity per year. What is the life of your rooftop hardware? I think it is longer than 5 years.

Lifespan of rooftop panels is 25 years. 20% minimum subsidy from government.

 

[Ali_Baba]

Nothing to do with PDM.

We currently have an interim caretaker governent


India is fixing the price through illegal subsidies.

it is NOT illegal to subsidise energy…. Pakistan was doing it until it ran out of money/loans to do it.

 

[epebble]

You guys keep saying that people in general are richer but the government is poor in Pakistan while Indians are opposite. I want to see how much your rich awaam will take this and the impact on your economy.

Even if they are richer, they won't handover money to the government without much protest. Pakistan doesn't have a culture of majority of citizens volunteering to pay direct taxes they owe. That is why the government borrows rather than taxes. A good part of the new electric bill is taxation, as someone pointed out. Done well, electricity consumption can be used as a proxy for income and hence used as a basis for taxation.

 

[Clutch]

This damned country is being run to serve the privileged few.

You just woke up and figured this out now?.... Well... At least the wools is coming off of your eyes..
Albeit slowly.

Talking to jews in the US is one thing but having a jew in your bed is at an another level.

The prophet was married to a Jewish Lady. Fyi.

 

[Olympus81]

The IPP plants are not only owned by Chinese or a result of CPEC.

 

[Communism]

https://www.imf.org/external/datamapper/rev@FPP/USA/FRA/JPN/GBR/SWE/ESP/ITA/ZAF/IND/PAK

This entire argument is clearly disingenuous.


It is obvious that every Pakistani wants free stuff from the government, but no Pakistanis want to pay any taxes to pay for that free stuff.


THE

PROBLEM

IS

LOCAL




THE

PROBLEM

IS

THAT

THE

"AWAM"

DOESN'T

WANT

TO

PAY

TAXES

BUT

WANTS

FREE

STUFF

 

[Dalit]

they have promised Chinese IPPs payments at high rates, Thanks to secret documents signed during CPEC. the turds deserve what they get.

Stop being an idiot. This is a direct order from IMF. The conditions set by IMF are not a secret.

LOL

Consumers have no option but to pay bills: PM

Says judges, armed forces do not enjoy free electricity; promises relief in future bills.

www.dawn.com

Pay bitches. Pay with a smile on your face.

it is NOT illegal to subsidise energy…. Pakistan was doing it until it ran out of money/loans to do it.

Pakistan isn't allowed to subside energy anymore. Not because it doesn't have any money to do so, but because IMF is dictating. The IMF i.e. the Americans have Pakistan by their balls.

The Americans have found a perfect method to pressure and contain Pakistan. Economy. There is no better opportunity when the enemy is down and out economically.

 

[TriptiD]

Becuase IMF is controlled by the West and the subsidies were removed due to the terms set by the IMF.

Did anyone force Pakistan to go to the IMF ? If you want a bailout from the IMF, it will be on their terms. Why should IMF give Pakistan money to pay Chinese companies?

If Pakistan doesnt like the IMF terms, try asking the Chinese to bail you out and see what they say.

 

[TriptiD]

Pakistan isn't allowed to subside energy anymore. Not because it doesn't have any money to do so, but because IMF is dictating.

Umm.. the only reason IMF is able to dictate is because doesn't have any money to be able to provide subsidies without asking the IMF for money.

 

[Azadkashmir]

Talking to jews in the US is one thing but having a jew in your bed is at an another level.

if you want to apply ik conspiracy with the jew all you have to say is his wife jemima is a rothschild relative the very ppl who used east india company to occupy india subcontinent.

 

[Abdul Rehman Majeed]

if you want to apply ik conspiracy with the jew all you have to say is his wife jemima is a rothschild relative the very ppl who used east india company to occupy india subcontinent.

I know that.