Karachi: National Electric Power Regulatory Authority approved reduction of Rs 10.8 per unit for K-Electric consumers on account of fuel charges adjustment (FCA) for December 2022.

Hearing of KE’s fuel charges adjustment system by which price of electricity is adjusted as fuel prices fluctuate in NEPRA was presided over by power regulator’s Chairman Tauseef H Farooqi.

In statement, Chairman said with reduction in power tariff, KE customers will get relief of more than Rs 12.7 billion. In statement, NEPRA directed all KE to show adjustment separately in consumer’s bills for March. This shall apply to all consumer categories except lifelines consumers, domestic consumers who consume up-to 300 units, agriculture consumers and electric vehicle charging stations.

Published in The Daily National Courier, February, 01 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.