The Pakistan Electric Power Company Limited (PEPCO) has withdrawn its policy of spliting the tariff into two different rates for morning and evening.
MD Pepco Tahir Basharat Cheema denied reports regarding power tariff hike and said there was no change in day and night tariff.
Earlier during the evening PEPCO DG announced split power tariff rates for day and night.
According to details, the new split rates will be applicable on newly installed meters. The day time is set as off-peak hours category while the night hours from 7pm to 11 pm has been set as peak hours category. The peak hours will be charged at Rs 10.87 while the rates for the off-peak hours will be charged at Rs 6.66.
Director General PEPCO Muhammad Khalid has said that these rates should not be conceived as new rates, in reality since these are 2 year old and people will not suffer from any further burden due to these apparently new rates. He added that the step will lead to curb shortage of electricity.