Islamabad: In a major relief to the consumers of K-Electric, the National Electric Power Regulatory Authority (NEPRA) on Friday reduced the power tariff by Rs4.89 per unit on account of fuel cost adjustment (FCA) for August 2022.
In a notification, NEPRA said that the power distribution company had filed for negative Rs4.21 FCA for August. However, after perusal of the information provided, it said that the FCA would amount to Rs4.89.
The notification also read that the reduction in the FCA would be applicable to all the consumer categories except lifeline consumers, domestic consumers consuming up to 300 units, agriculture consumers, and EVCS (Electric Vehicle Charging Station).
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“K-Electric shall reflect the fuel charges adjustment in respect of August 2022, in the billing month of October 2022,” NEPRA said in its statement.
On the other hand, NEPRA raised the power tariff by Rs0.19 per unit for the consumers of ex-Wapda Distribution Companies (Discos), also on account of FCA for the month of August.
In a separate notification on Friday, NEPRA said that the actual fuel cost for the month of August 2022 was Rs10.1126/kWh, against the reference fuel cost of Rs.9.8934/kWh.
“The Authority, after incorporating the aforementioned adjustments, has reviewed and assessed an increase of Rs.0.19 in the applicable tariff for XWDISCOs on account of variations in the fuel charges for the month of August 2022,” the notification read.
NEPRA instructed Discos that the increase should be applicable to all the consumer categories except Electric Vehicle Charging Stations (EVCS) and lifeline consumers.
“XWDISCOs shall reflect the fuel charges adjustment in respect of August 2022 in the billing month of October 2022,” it further said.