Electricity price to go up from March 1

The Bangladesh Energy Regulatory Commission (BERC) has raised the power tariff by 5.3 percent at retail and 8.4 percent at wholesale levels.

BERC Chairman Monowar Islam announced the decision while briefing reporters at his office this afternoon. The new tariff will come into effect on March 1 and it will remain effective till further notice.

The retail power tariff has been increased from Tk 6.77 to Tk 7.13 per kilowatt-hour unit and Tk 4.77 to Tk 5.17 at wholesale level, he said.