NEPRA Slashes Electricity Price by Rs. 3.11 Per Unit for December

National Electric Power Regulatory Authority (NEPRA) has approved reduction in electricity price by Rs. 3.11 per unit on Thursday for the month of November — under the monthly fuel adjustment formula.

Reduction in electricity price will effectively save people’s 15 billion rupees. The overall electricity generation for November was 7.17 billion units which cost Rs. 25.24 billion. The fuel cost and electricity production ratio remained Rs. 3.52 to 1 unit. The consumers were, however, charged Rs. 7.30 per unit during the month of November for the same cost.

In a public hearing, that was chaired by Chairman Nepra Tariq Sadozai, a petition was filed by Central Power Purchasing Agency (CPPA), requesting a decrease of Rs. 1.47 per unit on account of fuel adjustment. CPPA also recommended granting relief package to the companies worth Rs. 15 billion, in order to conciliate companies producing electricity, which was rejected by NEPRA officials during the hearing.

Meanwhile, CPPA was entitled by NEPRA to clear the dues worth Rs. 4.5 billion which they owe to the electricity grids. Eventually, upon discussion, the regulatory body decided to cut the electricity price by Rs. 3.11 instead of Rs. 1.47.

The new tariff will be effective from December’s bills.

Related News: NEPRA Imposes a Rs. 5 Million Fine on NTDC Over Poor Standards

The consumers of K-Electric, however, cannot avail the recommended price relief. K-Electric is a privatized company and distributes its own generated electricity to the consumers in Karachi, therefore, it is not covered under this resolution.

On the other hand, the lifeline consumers, that are consuming up to three-hundred units per month, cannot avail this relief as they are already being provided subsidized electricity.

    • Zinda hai Bhutto Zinda hai. Zardari sahab aur unki pyaari humsheera Faryal Talpur ke shares jo hain K-Electric main. NEPRA kuch nahin kar sakti.

  • Yea, K-electric consumer cannot avail any relax, they just pay the F*king Tax to govt & fill the F*king big hole of tax for the Govt.

  • In our Islamabad house, we’ve spent some good amount of electricity yet, only received a Bill of Rs. 200, and Rs. 80 for the past 2 months from IESCO, due to Fuel Price Adjustments. I expect the next month to be great like the past two as well!

    Frankly, despite of hating Noon and always being against them openly, I am inclined to say PML-N rocks! This government is actually doing good. And I’ve seen this for at least 2 years. If a government body can return extra charges, which even if they didn’t, no one would’ve bothered or said a word, I’d say this government is seriously doing good. PM Abbasi seems to be better managing stuff, specially Finance Ministry seems doing much better as Ishaq Dollar is gone. I think Nawaz Sharif would’ve done much better too, had Ishaq Dollar not been his Finance Minister.

    Nevertheless, PML-N has actually done some good amount of development and stuff for the country during their tenure of the past 5 years, and Pakistan seems to be doing much better economically.

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