NEPRA increases power tariff by Rs4.34 per unit



ISLAMABAD:

Amid a hue and cry over inflated bills, the National Electric Power Regulatory Authority (Nepra) on Monday approved Rs4.34 per unit increase in power tariff for July for distribution companies (DISCOS), excluding K-Electric, under the monthly Fuel Cost Adjustment (FCA) mechanism.

The Central Power Purchasing Agency (CPPA) had sought Rs4.69 per unit increase in the power tariff for the said period. After holding a public hearing on the CPPA’s petition on August 31, Nepra approved Rs4.34 per unit increase on account of the FCA for July, a notification said.

The FCA for June was charged as Rs9.90 per unit which was only for one month.

Read more: KE, NEPRA put on notice over excess billing

The FCA for July would be charged in the billing month of September, which was Rs5.56 per unit lower than June. It would be applicable to all consumers of DISCOS, except lifeline and K-Electric.

It would also not be applicable to vehicle charging stations. The impact of FCA was calculated as around Rs59 billion which would be recovered from the consumers.

Earlier this month, Nepra had indicated allowing power distribution companies to raise the power tariff by Rs3.39 per unit on account of quarterly adjustments.

The fresh increase in electricity rates will put an additional burden on consumers who were already making a hue and cry over inflated bills.





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