Sun News Desk: The government has raised the price of electricity at wholesale and retail levels.

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The new price will come into effect from Wednesday.

The retail price of electricity has been increased by 5 per cent, while the wholesale by 8 per cent. With this, the price of electricity at consumer level increased by 12 times in the last 14 years.

The gazette was issued on Monday (30 January), Ministry of Power Energy and Mineral Resources confirmed the matter on Tuesday.

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According to the new rate, the tariff was raised for lower level consumers by an average 5 per cent to Tk 4.14 per unit (each kilowatt hour) from Tk 3.94 per unit. Bulk tariff was raised by 8.06 percent to Tk 6.70 from Tk 6.20 per unit.

Earlier on January 12, the government hiked the retail price of electricity by 5 per cent per unit on average.

Sun News/MR

government raised price electricity wholesale retail consumer

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