Bangladesh Energy Regulatory Commission (BERC) has announced another increase in electricity prices across the country. On Wednesday, the commission raised wholesale electricity rates by 19.85 percent and retail rates by 15 to 19.94 percent. Transmission charges were also increased by 23.96 percent. The decision follows applications submitted between May 3 and 6 by electricity producers, transmitters, and distributors seeking higher tariffs.
During public hearings held on May 20 and 21, political leaders, consumer rights activists, business representatives, and industrialists opposed the proposed price hikes. They argued that long-standing corruption, mismanagement, poor planning, and waste were being unfairly passed on to consumers. The last electricity price adjustment occurred in February 2024, when the average wholesale rate rose from Tk 6.70 to Tk 7.04 per unit by executive order.
The electricity price revision comes shortly after the government adjusted fuel prices effective June 1, increasing octane, petrol, and kerosene by Tk 5 per liter while keeping diesel unchanged at Tk 115 per liter.