NEPRA raises Power tariff by Rs. 1.07

By jazbablog - Wed May 25, 6:51 pm

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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has allowed Power distribution companies to raise the electricity tariff by Rs. 1.07 per unit, under the monthly fuel price adjustment formula.

At the hearing, Nepra officials examined figures provided by power distribution companies, who had sought an increase of Rs. 1.07 per unit as part of fuel adjustment for April. Nepra was informed that 43 Percent electricity was generated from furnace oil in month of March and increase in furnace oil Prices had an adverse impact on the cost of power generation.

The Nepra after hearing the arguments of Power distribution companies allowed them to increase electricity tariff by Rs. 1.07. New tariff will not apply to Karachi Electricity Supply Company (KESC). Lifeline consumers and those who are consuming electricity up to 50 units would be exempted from recent increase in Power tariff.

The increase in Power tariff would be included in bill to be dispatched to electricity consumers for month of April.