Business(NEPRA) has approved an increase of Rs1.55 per unit in power tariff

(NEPRA) has approved an increase of Rs1.55 per unit in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs1.55 per unit in power tariff on account of periodic alterations in tariff for the second quarter of existing financial year.

A announcement in this regard has also been issued by the power regulatory authority. Power supply companies will recover Rs39 billion from the consumers subsequent the tariff revision.

Nepra said that it had decided to apply the same with effect from July 1, 2022, which would be improved within three months from the date of notification.

Conversely, the increase in the electricity tariff will not be appropriate to lifeline consumers and the consumers of K-Electric, the power regulatory authority added.

A day previous, 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 the month of May.

According to a statement issued by the power regulatory authority, the K-Electric had demanded a fuel cost adjustment of Rs11.34/kWh.

Nepra conducted a public hearing on July 4 on the appeal submitted by KE for fuel charges adjustment for May 2022. The upsurge will be applicable to all consumer categories, except for KE lifeline consumers.

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