Tuesday, April 23, 2024
HomeLatest NewsEconomyNEPRA Increase Electricity Rates by Rs5.40 Per Unit

NEPRA Increase Electricity Rates by Rs5.40 Per Unit

The power rate rose by Rs 5.40 per unit due to improvements by NEPRA.

In September 2023, distribution businesses applied for NEPRA permission to charge their customers an extra Rs2.07/unit. In July 2023, the monthly Fuel Charges Adjustment (FCA) is the subject of the request.

The increase was included in the July 2023 monthly Fuel Charges Adjustment (FCA). In September 2023, consumers will be required to pay the extra fees. However, K-Electric (K-E) customers are exempt from the price increase.

A petition requesting the rate increase for July 2023 has been submitted by the Central Power Purchasing Agency (CPPA). On August 30, NEPRA will hold a public hearing to consider this petition.

The entire financial impact on energy consumers might be more than Rs30 billion if the proposed hike is approved.

Consumers were paid a reference fuel cost of Rs6.8935 per unit, but the real fuel cost incurred was Rs8.9638 per unit, according to the CPPA appeal in July. It contends that consumers should bear the higher cost of Rs2.07 per unit.

visit our Urdu site

RELATED ARTICLES
- Advertisment -

Most Popular