NEPRA okays another power tariff hike

The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs1.55 per unit in power tariff on account of periodic adjustments in tariff for the second quarter of the current financial year.
A notification in this regard has also been issued by the power regulatory authority. Power distribution companies will recover Rs39 billion from the consumers following the tariff revision.
NEPRA said that it had decided to apply the same with effect from July 1, 2022, which would be recovered within three months from the date of notification.
However, the increase in the electricity tariff will not apply to lifeline consumers and the consumers of K-Electric, the power regulatory authority added.
A day earlier, the National Electric Power Regulatory Authority (NEPRA) approved an additional fuel cost adjustment (FCA) of Rs9.52 per unit for K-Electric (KE) consumers for May.
According to a notification issued by the power regulatory authority, the K-Electric had requested a fuel cost adjustment of Rs11.34/kWh.
Nepra conducted a public hearing on July 4 on the petition submitted by KE for fuel charges adjustment for May 2022. The increase will be applicable to all consumer categories, except for KE lifeline consumers.