No Script Javascript is disabled. Please enable it for better working experience.
Advertisement
Friday 21 June, 2024
Advertisement

K-Electric unit price likely to reduce by Rs10

BY Faizan Ahmed Jan 18, 2023. 02:55 pm UPDATED: Jan 18, 2023. 02:55 pm

Advertisement

Customers of K-Electric should see a drop in their fuel costs adjustment on their electricity bills starting in the following month because the electricity distribution company requested a tariff reduction of Rs10.26 per unit for FCA.

The National Electric Power Regulatory Authority (NEPRA) announced in a statement issued in this regard that it would hold a public hearing on a petition submitted by K-Electric for the FCA for December 2022 on January 30.

The decrease in costs for power acquired from the national grid, furnace oil, and re-gasified liquefied natural gas (RLNG) in December led to the FCA’s request for more than Rs10 per unit.

FCA is based on changes in fuel prices throughout the world and is passed on to consumers in accordance with NEPRA and the Pakistani government’s established norms and regulations.

After carefully examining the statistics for a month in which the fuel charges were recovered from the consumers, NEPRA approves the recommendation suggested by the power distribution firms.

In case of approval, Karachhites will get a relief of nearly Rs13 billion next month. The negative FCA, if approved, would be applicable to all consumer categories except:

  • Lifeline consumers
  • Domestic consumers using up to 300 units
  • Advertisement
  • Agriculture consumers
  • Electric vehicle charging stations

It was also made clear that domestic consumers using Time of Use (ToU) metres, regardless of their usage level, will be subject to the expected modification on account of month FCA.

On account of FCA for November 2022, the power regulator last week decided to lower the electricity rate for KE consumers by Rs7.43 per unit.

KE has asked for a Rs. 7.043 per kilowatt-hour pricing cut in its plea to NEPRA (kWh). On December 27, 2022, the regulator held a public hearing and decided to lower the price per unit by Rs 7.43.

The January 2023 billing month will include the FCA for November 2022.

Advertisement
More News on

Related Articles

Who is Zara Ansari? Ashfaq Satti’s third wife
Pakistan

Who is Zara Ansari? Ashfaq Satti’s third wife

Nomaika Satti, wife of ARY News anchorperson Ashfaque Satti, has made a...

Coldwave to hit Pakistan after Oct 17
Latest

Coldwave to hit Pakistan after Oct 17

According to the Pakistan Meteorological Department (PMD) on Thursday, a cold wave...

Maryam Nawaz's son Junaid Safdar divorce Ayesha
Latest

Maryam Nawaz's son Junaid Safdar divorce Ayesha

Junaid Safdar, the son of Pakistan Muslim League-Nawaz (PML-N) Maryam Nawaz, announced...

Petrol Price in Pakistan reduced by Rs. 8 from 1st October
Latest

Petrol Price in Pakistan reduced by Rs. 8 from 1st October

After three large increases in the previous fortnightly reviews, the caretaker government...

Punjab Announces Holiday for Schools on 28 September 2023 Amid Pink Eye Outbreak
Latest

Punjab Announces Holiday for Schools on 28 September 2023 Amid Pink Eye Outbreak

Due to an increase in pink eye (conjunctivitis) instances, Punjab's temporary Chief...

When will it rain in Karachi?
Latest

When will it rain in Karachi?

According to the Pakistan Meteorological Department's (PMD) latest forecast, certain districts of...

Advertisement

Latest News

Farah El Kadhi Dead at 36, Cause of Death
Viral

Farah El Kadhi Dead at 36, Cause of Death

Local reports state that a well-known beauty influencer from Tunisia passed away...

Morgan Metzer beaten, bound, raped and nearly choked to death
US

Morgan Metzer beaten, bound, raped and nearly choked to death

A mother of two who was assaulted, restrained, sexually assaulted, and on...

James Everett du Bois, US Army vet swept out to sea
US

James Everett du Bois, US Army vet swept out to sea

Pictured is a US army veteran who was washed out to sea...

Rose-Marie Dead at 68, Cause of Death
Entertainment

Rose-Marie Dead at 68, Cause of Death

HISTORICAL Rose-Marie, an Irish singer, tragically her away unexpectedly in Blackpool, shocking...

Advertisement