NEPRA set to impose another electric rate hike on consumers

Business Jul, 25 2024
NEPRA set to impose another electric rate hike on consumers
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Electricity consumers are set to face another tariff hike to the tune of Rs2.63 per unit on account of the Fuel Charges Adjustment (FCA) for electricity that was consumed during June 2024.

The Central Power Purchasing Agency (CPPA), acting on behalf of distribution companies (DISCOs), has formally submitted an application to the National Electric Power Regulatory Authority (NEPRA) for an increase in the electricity price by Rs2.6307 per kilowatt hour (kWh) under the FCA.

According to the detailed submission by the CPPA, the reference fuel charges collected from consumers for June were set at Rs7.1403 per unit, while the total actual cost per unit amounted to a higher Rs9.7710.

NEPRA, in the meanwhile, has scheduled a public hearing to discuss and review the application on July 31.

 

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