MULTAN,April 25th: National Electric Power Regulatory Authority (NEPRA) has submitted a summary to ministry of water & power for increasing the power tariff by Paisas 34 to Rs.5.50 per unit for southern Punjab. After approval, new tariff would be implemented in the jurisdiction of Multan Electric Power Company (MEPCO) which would badly hit the agricultural consumers, domestic and commercial consumers who consume 50 to 700 units per month. New tariff will be Rs.2 /unit for consumer of upto 50 units, Rs.8.10/unit for one to 100, Rs.10.80/unit for 101 to 300, Rs.13.50 for 301 to 700. Rs.15.50 /unit for consumer of more than 700 units. In Peak hours MEPCO will also charge 1.33/Unit more with the revised tariff for domestic consumers and Rs.5.47/Unit for agriculture/tubewells. Distribution companies are increasing the power tariff on their own, Recently IESCO, GEPCO and LESCO increased the power tariff by Rs.0.50 to 1.50/unit .On the other hand Government is going to increase electricity rates as it has assured International Monetary Fund (IMF) whenever electricity rates will be increased, their implementation would be counted from 1st April 2010.According to sources, the Government has assured the IMF officials regarding 6 percent increase in electricity rates and implementation of Value Added Tax (VAT) in electricity prices. It was also learnt that the Government had forwarded fourth supplementary memorandum of monetary and economic policies to IMF.