ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) after improvement in power generation capacity available with PEPCO’s national grid has raised electricity tariff with effect from 1st October 2010 by 2% across the board.
According to a handout, National Electric Power Regulatory Authority (NEPRA) has revised power tariff for eight distribution companies and KESC by two percent .
NEPRA as regulatory body is charged with the responsibility to quarterly revise Power Tariff of PEPCO Distribution Companies and KESC as per its mandate. NEPRA now has reviewed Power Tariff for the fourth quarter of 2009-10 in exercise of powers conferred by Sub-section-4 of Section-31 of the Regulation of Generation, Transmission and Distribution of Electric Power Act 1997. A notification to this effect has been issued.
NEPRA’s quarterly determination for fourth quarter 2009 – 2010 is on higher side when compared with GOP levied tariff for all sets of consumers. In order to reduce the gap between NEPRA’s determined tariff and consumer’s-end tariff, GOP has decided to maintain a balance in public interest and has decided to pass on only 2% revision in power tariff. The government therefore has notified 2% upward revision in power tariff across the board for all categories of consumers in PEPCO’s 08 Distribution Companies and KESC.
It may be noted that in order to make power sector solvent, financially viable and able to serve the public, the Government has notified the said tariff increase to be made w.e.f. 1st October 2010.
It merits mentioning informed that these increases usually are determined after Power Generation Companies file a request for revision in the tariff position which are normally heard and disposed off (by NEPRA) through public hearings. As per practice, NEPRA issues notices to general public affording them an opportunity of being heard for recording their concerns that are duly addressed after scrutiny.
It may be significant to point out that as a result of substantial increase in power generation output, industrial sector is already working with regular power supply and is contributing to the recovery of national economy. Besides, other sectors too are privy to improved powered supplies.