The Cost of Power: A Decade of Data

Published by The Energy Data Archive | Last Updated: January 2025

The story of electricity in Pakistan is not just about physics; it is a story of economics, policy, and international fuel prices. For residents of the Hazara Division (served by HAZECO), the monthly bill has evolved from a manageable utility cost into a major household budget burden.

This archival report analyzes the historical data of tariff increases, Fuel Price Adjustments (FPA), and surcharge additions from 2015 to 2025. By understanding the history of these charges, consumers can better predict future trends and adapt their consumption habits accordingly.

1. The Era of Stability (2015-2018)

In the mid-2010s, electricity prices in Pakistan were relatively stable. The crude oil crash of 2014-2015 allowed NEPRA to provide relief to consumers. During this period, the concept of "FPA" often resulted in negative adjustments—meaning money was actually returned to the consumer.

Year Avg Base Tariff (Domestic) Typical FPA Key Policy Shift
2015 Rs. 7.50 / unit -1.20 Rs (Relief) Oil Price Crash
2016 Rs. 8.10 / unit -0.80 Rs (Relief) Introduction of CPEC Projects
2017 Rs. 9.00 / unit +0.10 Rs (Minor) Capacity Payment Increases

2. The Turning Point: Capacity Charges (2019-2022)

Post-2019 saw a fundamental shift in billing. The "Capacity Charge" component—money paid to power plants regardless of whether they produce electricity or not—began to dominate the tariff structure. This was also when the distinction between Protected and Unprotected consumers became rigid.

"The electricity you do not use is now just as expensive as the electricity you do use, due to the fixed capacity costs embedded in the tariff."

Residents in Abbottabad and Mansehra felt this acutely in winters. Previously, low winter usage meant negligible bills. However, the introduction of the Neelum Jhelum Surcharge and increased TV Fees meant that fixed costs rose even when meters barely spun.

3. The Hyper-Inflation of Energy (2023-2025)

The last three years have seen the most aggressive repricing in Pakistan's history. The removal of subsidies under IMF agreements led to a "Base Tariff" that nearly tripled for upper-slab users.

Year-over-Year Increase for 300 Units Usage

Date Cost for 300 Units (Approx) % Increase
Jan 2023 Rs. 6,000 -
Jan 2024 Rs. 9,500 58%
Jan 2025 Rs. 14,200 49%

4. Understanding the "Surcharge" Ecosystem

Modern HAZECO bills are cluttered with acronyms that confuse the average user. It is vital to define these for the historical record:

5. Conclusion: The Path Forward

Data suggests that the upward trend in base tariffs will continue through 2026 as more capacity payments come due. The only variable the consumer controls is consumption volume.

For real-time monitoring of these fluctuating costs, we recommend the tools available at hazecobill.pk. Their system tracks the latest NEPRA notifications and allows users to download current bills to verify if the FPA applied matches the notified rates.