The National Electric Power Regulatory Authority (NEPRA) has approved an increase in per unit electricity cost for May on account of fuel adjustment charges by Rs7.90, that would cost electricity consumers in Pakistan up to Rs131.8 billion.
NEPRA on Monday approved a further increase in the price of electricity, allowing ex-WAPDA distribution companies (discos) to charge additional fuel cost. The adjustment would be shown in consumer bills separately on basis of their utilized units. However, the regulation authority will issue a final notification in this regard later.
According to a notification of NEPRA, K-Electric and lifeline consumers would be exempted from the increase. Earlier, K-Electric had requested an increase in the electricity rate of Rs5.25 to account for fuel adjustment charges for April.
In response to a request from Central Power Purchasing Agency (CPPAG) for a raise of Rs7.96 per unit, the increase was granted under fuel adjustment costs (FAC) for the month of May.
It is important to note that NEPRA has already set the power rate for the fiscal year 2022–2023 at Rs24.82 per unit, following a significant increase of Rs7.91 per unit.
NEPRA had approved a 5.27 rupee per unit increase in electricity rates for K-Electric customers on June 24.