Electricity Price Increase from 1st of October 2024
From the 1st of October 2024, CM Punjab’s electricity relief package will end and per unit rate will increase according to the announcement made three months ago. A massive increase in price will lead to more financial burden on users. Read more details about new rates in this article.
The Punjab government had provided relief to customers using up to 200 electricity units with a subsidy package. However, this relief is about to expire at the end of the month.
Starting October 1, electricity prices are expected to rise for the lower and middle classes as the temporary relief on power tariffs, which lasted only three months, ends.
From October 1, consumers using up to 200 units will see noticeable increases in their electricity bills. Non-protected consumers who use up to 100 units will now be charged Rs 23.59 per unit, an increase of Rs 7.11.
Those using between 101 and 200 units will face an increase of Rs 7.12, bringing their rate to Rs 30.07 per unit. Protected consumers will have smaller increases, with prices rising by Rs 3.95 to Rs 11.69 per unit for the first 100 units and by Rs 4.10 to Rs 14.16 per unit for 101 to 200 units.
Electricity Unit Rates from 1st October
Consumer Category | Units | Current Rate | Increase | New Rate |
---|---|---|---|---|
Non-Protected Users | 1 to 100 | Rs 16.48 | Rs 7.11 | Rs 23.59 |
101 to 200 | Rs 22.95 | Rs 7.12 | Rs 30.07 | |
Protected Consumers | 1 to 100 | Rs 7.74 | Rs 3.95 | Rs 11.69 |
101 to 200 | Rs 10.06 | Rs 4.10 | Rs 14.16 | |
Lifeline Consumers | Up to 50 | Rs 3.95 | — | Rs 3.95 |
51 to 100 | Rs 7.74 | — | Rs 7.74 |
This new tariff structure will have a broad impact as the government ends the temporary relief designed to help with rising energy costs and economic pressures.
Earlier, the government had set aside Rs 50 billion in subsidies to help lessen the impact of the increase.
How to Calculate Electricity Bill As Per New Rates from 1st October
To calculate your electricity bill based on the new tariff starting October 1, follow these steps:
- Identify your usage: Determine how many units (kWh) of electricity you have used in the billing period.
- Check your consumer category: Are you a non-protected, protected, or lifeline consumer? This will determine the rates you apply.
- For non-protected consumers using 1 to 100 units: Multiply the total units by the new rate of Rs 23.59 per unit. For example, if you used 80 units, your cost would be 80 x 23.59 = Rs 1,887.20.
- For non-protected consumers using 101 to 200 units: The first 100 units will be charged at Rs 23.59 per unit. For the remaining units (above 100), multiply by Rs 30.07 per unit. For example, if you used 150 units, calculate 100 x 23.59 = Rs 2,359 and 50 x 30.07 = Rs 1,503.50, giving a total bill of Rs 3,862.50.
- For protected consumers using up to 100 units: Multiply by Rs 11.69 per unit. For those using 101 to 200 units, the first 100 units will be Rs 11.69 per unit, and the rest at Rs 14.16 per unit.
Following these steps, you can calculate your new electricity bill according to the revised rates starting October 1.
FAQ’s
What are the new electricity rates for non-protected consumers using up to 200 units?
- For non-protected consumers using 1 to 100 units, the new rate is Rs 23.59 per unit. For those using between 101 to 200 units, the rate will be Rs 30.07 per unit.
How will the new tariff affect protected consumers?
- Protected consumers will see a smaller increase. The rate for 1 to 100 units will be Rs 11.69 per unit, and for 101 to 200 units, it will be Rs 14.16 per unit.
Are there any changes in rates for lifeline consumers?
- No, lifeline consumers will continue to pay Rs 3.95 per unit for up to 50 units and Rs 7.74 per unit for 51 to 100 units.
How can I calculate my electricity bill with the new tariff?
- You can calculate your bill by multiplying the units used by the applicable rate. For non-protected consumers, apply Rs 23.59 per unit for up to 100 units, and Rs 30.07 for any units above 100.
When will the new electricity tariff rates come into effect?
- The new rates will be effective starting from October 1. Consumers should expect an increase in their electricity bills from this date onwards.