The National Electric Power Regulatory Authority (NEPRA) has reduced the power cost for the K-Electric tariff by Rs 9.98 per unit.
The NEPRA has lowered the rate by quarterly and monthly fuel cost adjustments (FCAs). The adjustments are from July to September 2022 and October. However, the power regulator stated that lifeline users will not be eligible for the October 2022 relief.
The NEPRA-approved reduction of Rs7.83 per unit would be forwarded to the federal cabinet for final approval.
After the NEPRA’s announcement of the judgments, K-Electric customers will receive relief of Rs3.59 billion.
The National Electric Power Regulatory Authority granted a reduction of Rs5.13 per unit in fuel charges for the month of September.
The energy regulator stated that the Rs5.13 paisa respite is only for one month. NEPRA added that the reduction in FCA amount would not apply to lifeline users, residential customers using up to 300 units, agricultural customers, or charging stations for electric vehicles.
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