Rs3.93 per unit tariff hike notified for KE

The National Electric Power Regulatory Authority (Nepra) on Thursday notified K-Electric to charge Rs3.93 per unit additional cost to its consumers in the current month’s bill to mop up another Rs5.8bn funds as ex-Wapda distribution companies (Discos) sought to add another Rs44.5 billion burden to their consumers in next three months. In a notification issued on Thursday, the regulator said it had “decided to allow (Rs5.9342 per unit) positive fuel cost adjustment (FCA) for March, to be passed on to the consumers in their monthly bills of May”. This will translate into Rs5.814bn additional revenue to KE, according to the regulatory order. The K-Electric had sought an FCA increase of about Rs4.49 per unit to be charged to its consumers in the billing month of May under monthly fuel charges for March consumption, involving a financial gain of about Rs6.4bn KE’s accounts.