Nepra announces Rs3.33 per unit hike in electricity price
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The National Electric Power Regulatory Authority (Nepra) Friday announced an additional fuel cost adjustment (FCA) of Rs3.33 per unit for electricity consumed in May.
According to the notification, Nepra reviewed and assessed a National Average Uniform increase of Rs3.3287/kWh in the applicable tariff for XWDISCOs on account of variations in the fuel charges for May 2024”.
The adjustment of Rs3.3287/kWh will apply to all consumer categories except electric vehicle charging stations (EVCs) and lifeline consumers and it will be shown separately in the consumers’ bills” based on units billed in May 2024, and it will reflect in the billing month of July 2024, the notification added.
The authority notified a tariff reduction of Rs1.67 per unit for K-Electric consumers on account of fuel cost adjustment (FCA) for April 2024.
“The authority after discussing and incorporating adjustments decided to allow the negative FCA for April 2024, to be passed on to consumers in their monthly bills of July 2024”, a separate notification stated.
The “negative adjustment shall apply to all the consumer categories except lifeline consumers, domestic consumers consuming up to 300 units, EV Charging Stations and Agriculture Consumers of K-Electric”.
A day earlier, the federal cabinet approved an increase of Rs5.72 per unit in the basic electricity tariff through circulation.