The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.55 per unit increase in electricity tariff for consumers in terms of quarterly tariff adjustment to the power distribution companies.
After massively increasing fuel prices, the federal government hiked the per unit price of electricity by Rs1.55 for the first quarter (July-September 2022) of the current fiscal year. The additional amount will be charged to the power consumers via electricity bills from July to September. The quarterly tariff adjustment will not be applicable for K-Electric consumers. On July 13, NEPRA hiked power tariff by Rs3.99 per unit.
According to a notification issued by the NEPRA, the increase was made under fuel adjustment charges (FAC) for the month of April, following demand from CPPAG for a hike of Rs4.05 per unit. It said that the NEPRA held a public hearing on the FCA on May 31, 2022. The FCA for March was charged at Rs2.86 per unit and the fuel adjustment charges for April are higher than the previous month by Rs1.13 per unit.
Meanwhile, the owners of compressed natural gas (CNG) stations have hiked the fuel’s per kilogram price by up to Rs10. The new price of CNG in Khyber Pakhtunkhwa is Rs180 per kilogram. Meanwhile, in a major move to conserve electricity amid skyrocketing fuel prices, the Power Division has decided to cut supply to commercial feeders from 7pm to 10pm daily all over the country. According to the Power Division sources, the Energy Ministry has prepared a summary for the cabinet’s approval. The sources said that no load-shedding on the commercial feeders will take place in the day. If implemented, a saving of 5,000MW of electricity is expected from the move, the sources added.