Titas Gas has raised the monthly rent for residential prepaid meters from Tk 100 to Tk 200, following a recent government decision affecting all gas distribution companies under Petrobangla. The Titas Gas Authority explained that the adjustment is made monthly for customer convenience, considering the prepaid meter’s 10-year lifespan, installation costs, web system, and maintenance.
Titas highlighted the government’s fixed residential gas price of Tk 18 per cubic meter, which is below the actual production and import costs. The company emphasized the necessity of raising gas prices due to increased costs, as the government subsidizes each cubic meter of gas in the residential sector.