Electricity consumers across the country are set to face higher bills as the Bangladesh Energy Regulatory Commission (BERC) is scheduled to announce revised electricity tariffs on Wednesday afternoon.
The new tariff structure will be unveiled during a press briefing at 3:00pm at the BERC headquarters in the capital's Institution of Engineers, Bangladesh (IEB), according to officials.
The announcement follows recent public hearings on proposals submitted by power sector entities seeking increases in wholesale and retail electricity tariffs to address mounting financial deficits and reduce subsidy dependence.
Sector insiders said the regulator has been reviewing recommendations made by its technical evaluation committee, which suggested an increase in retail tariffs to help power distribution companies recover rising operational costs.
The committee estimated that the six power distribution utilities would require substantial additional revenue in the next fiscal year to sustain operations under the existing structure.
According to the committee’s assessment, the average retail electricity tariff could rise from the current Tk 8.95 per unit to around Tk 10.20 per unit if the proposed adjustments are fully implemented. The recommendation included an increase in distribution charges, while any changes in wholesale and transmission tariffs would further affect the final consumer price.
The Bangladesh Power Development Board (BPDB) and distribution companies had earlier proposed tariff increases ranging from 15 to 29 per cent for different consumer categories, arguing that existing rates were insufficient to cover operational expenses amid rising generation and supply costs.
However, consumer rights groups, business leaders, and industrial representatives opposed the proposals during the public hearings, warning that higher electricity prices would fuel inflation and raise both the cost of living and the cost of doing business.
Officials indicated that low-income and lifeline consumers may receive some level of protection under the revised structure, though specific details will emerge only after the formal announcement.
The upcoming revision marks the first major electricity price adjustment since February 2024, when retail tariffs were increased by an average of 8.5 per cent and wholesale tariffs by 5 per cent.