Nepra hiked electricity rates by Rs 4.49 for K Electric customers

ISLAMABAD: The National Electricity Regulatory Authority (Nepra) on Friday approved a hike of Rs 4.49 in the electricity tariff for K-Electric consumers due to uniform charging, ARY News reported.

The federal government had asked Nepra to notify Rs 4.49 paisa per unit surcharge from all KE consumers with effect from January to April 2023.

“This adjustment will be applicable to the consumption of October, November, December and January 2023 which will be recovered from consumers in January, February, March and April 2023,” the Energy Directorate had earlier told Nepra.

According to the National Electricity Policy 2021, the government can maintain a single tariff for the consumer for K-Electric and state electricity distribution companies.

Earlier on January 11, the National Electricity Regulatory Authority (NEPRA) on Wednesday announced a cut in electricity tariff by Rs 7.43 per unit for K-Electric (KE) consumers due to fuel cost adjustment (FCA) for November of 2022.

The reduction in tariffs was approved after the public hearing to review the monthly fuel adjustment (MFA) in a petition filed by the Central Energy Markets Agency-Guarantee.

The decision will provide relief of Rs 10.61 billion to electricity consumers, Nepra said.



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