The National Electric Power Regulatory Authority (NEPRA) on Monday allowed K-Electric to hike its power tariff by Rs. 9.42 per unit against the request of Rs. 11.34 per unit hike on account of the fuel cost adjustment (FCA) for May 2022.
This was revealed in the public hearing at the National Electric Power Regulatory Authority (NEPRA) headquarters on the monthly FCA for the month of May, presided over by Chairman NEPRA, Mr. Tauseef H. Farooqi.
According to NEPRA, K-Electric had submitted an application for an increase of Rs. 11.34 in FCA per unit, and per NEPRA’s examination of the data, the cost of FCA was Rs. 9.42 per unit.
Earlier in April, the customers were charged the FCA at the rate of Rs. 5.27 per unit, which was for a month only, said NEPRA. The FCA charge for the month of May will be Rs. 4.15 more than that of April and this cost will be charged for one month only.
NEPRA said the it would issue its detailed decision after further scrutiny of the data.
The country’s base tariff is now touching Rs. 21 per unit over and above of it is the fuel adjustment charges determined by NEPRA after considering requests from distribution companies. With this increase, the tariff would be around Rs. 30 per unit without any subsidy.