Nepra notifies Rs0.56-paisa per unit hike in electricity tariff

ISLAMABAD (92 News) – National Electric Power Regulatory Authority (Nepra) on Monday notified to increase the power tariff by Rs 0.5685 KWh on account of fuel price adjustment for the month of December 2018. According to the notification, the prices have been increased under September’s fuel adjustment charges. The power consumers, except lifeline consumers and the consumers of K-Electric, would face a burden of approximately Rs4.2 billion due to an increase in the power tariff. National Electric Power Regulatory Authority (Nepra) Monday notified to increase the power tariff by Rs 0.5685 KWh on account of fuel price adjustment for the month of December 2018. The actual fuel charges component for December 2018 was Rs6.4303/kWh while corresponding reference fuel charges component was Rs5.8619/kWh. In this way, fuel price variation for the month of December 2018 has caused an increase of Rs0.5685/kWh. This increase shall be applicable to all the consumer categories except lifeline consumers and this hike shall be shown separately in the consumers’ bills on the basis of units billed to the consumers in the month of December 2018. Similarly, DISCOs shall reflect the fuel charges adjustment in respect of December 2018 in the billing month of February 2019. While charging the fuel adjustment charges, the concerned DISCOs shall keep in view and strictly comply with the orders of the courts notwithstanding this order, said Nepra in its decision. Earlier, the Central Power Purchasing Agency, on behalf of DISCOs, had sought an adjustment under the head monthly fuel charges variation. NEPRA conducted the hearing in this regard on January 24, 2019, at the Nepra Tower, Islamabad. On Nov 4, 2018, the Nepra approved Rs0.41 increase in the power rates for consumers. The electricity users have to pay Rs0.41 per unit after the increase in prices of power tariff. The burden of three billion 80 crore rupees would be put on the consumers. The hike in prices imposed on the behalf of fuel adjustment on October.