No hike in electricity rates: Chaudhry

  • 4th June 2008
  • 2008
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There will be no increase in electricity charges on 12 June as granted by the Commerce Commission and widely reported by the media, Mahendra Chaudhry Minister for Energy announced today.

“It is Government that makes a final decision on whether to implement any increase in fuel surcharge granted by the Commerce Commission,’’ Mr Chaudhry said.

The increases have to be considered by Cabinet and so far it had not been notified of any hike in fuel surcharge granted by the Commission, he said.

The Commission is reported to have increased the fuel surcharge on electricity from 2.83 cents a unit to 5.53 cents a unit, to come into effect from 12 June 2008.

Allying fears caused by the media reports, Mr Chaudhry said government would very carefully consider the ramifications of such an increase in electricity costs at this time of rising prices.

“Government is mindful of the hardship to ordinary people posed by the increasing cost of fuel and food prices. We do not wish to burden them with additional expenditure, if it can be avoided.

“We will definitely take into consideration the impact of such an increase on the economy, industrial, commercial and domestic consumers and, in particular, people in the lower income groups,” Mr Chaudhry said.

He gave an assurance that no hasty decision would be taken to increase the cost of electricity at this stage.