The distribution companies of ex-Wapda have sought an increase in electricity tariff for current fiscal year by 16-50 per cent for various consumer groups to meet their annual revenue requirements.
The National Electric Power Regulatory Authority (Nepra) has started public hearings to conclude its tariff determination. It has decided to take up the petitions of Peshawar and Faisalabad electric supply companies within a week.
The two distribution companies have sought increase in tariff on the basis of inflationary impact, increase in regulatory asset base, expansion of network, construction of grids, increase in salaries, additional cost of repair and maintenance and depreciation.
The distribution companies have also claimed that they need be given the adjustment of prior year adjustment not recovered in 2013-14 due to court cases and other implementation delays under government instruction and losses occurred as a result of inconsistent and non-transparent application of multi-year tariff.
