Understanding the New Gas Billing Formula for Domestic Consumers.
In response to the recent hike in gas prices, a revised billing formula has been introduced for domestic consumers. This article aims to break down the new formula, providing a clear guide on how to calculate gas bills under the updated tariff structure.
1. Minimum Bill for Protected Consumers:
- Up to 0.2 units: Rs687 per month
- 0.4 units: Rs886 per month
- 0.8 units: Rs1,566 per month
- 0.9 units or more: Rs1,713 per month
2. Minimum Bill for Non-Protected Consumers:
- Rs1,646 per month
- 1 unit: Rs5,457 per month
Calculation Method:
Step 1: Identify your consumer category
- Determine whether you fall under the protected or non-protected consumer category.
Step 2: Measure Your Gas Consumption
- Check your gas meter to find out your monthly gas consumption in units.
Step 3: Apply the Appropriate Rate
- For protected consumers:
- Up to 0.2 units: Rs687
- 0.4 units: Rs886
- 0.8 units: Rs1,566
- 0.9 units or more: Rs1,713
- For non-protected consumers:
- Rs1,646 per month for minimum usage
- Rs5,457 per month for 1 unit usage
Step 4: Calculate Your Monthly Bill
- Multiply your monthly gas consumption by the respective rate applicable to your consumer category.
Example:
- If you are a protected consumer using 0.6 units, your calculation would be:
- 0.4 units (Rs886) + 0.2 units (Rs687) = Rs1,573 per month.
Additional Information:
- The tariff adjustment aims to cover a Rs98 billion shortfall for gas companies.
- The Economic Coordination Committee increased gas prices by up to 45% to recover an additional Rs242 billion for the $3 billion International Monetary Fund program.
Understanding the new gas billing formula is crucial for consumers to anticipate and manage their monthly expenses effectively. By following these simple steps, individuals can calculate their gas bills accurately based on the revised tariff structure.