Power tariffs for all raised by Rs1.15

The National Electric Power Regulatory Authority (Nepra) on Wednesday approved an additional across-the-board charge of Rs1.15 per unit for electricity consumers throughout the country, including K-Electric, and also concluded the process of imposing another Rs1.72 per unit on K-E consumers for the next three months — January to March 2024. Effectively, K-Electric consumers would have to pay a cumulative additional cost of Rs2.87 per unit in the upcoming three months of January to March once Nepra notifies it in a couple of days to clear the backlog on account of quarterly tariff adjustments and implement a uniform regulatory regime across the country without any discrimination or favour, notwithstanding different loss and efficiency levels of different power supply companies. “The authority hereby allows the positive quarterly adjustments of Rs22.297 billion pertaining to the first quarter of the FY2023-24, to be recovered from the consumers of ex-Wapda distribution companies (XWDISCOs) in a period of three months i.e. January 2024 to March 2024,” read a determination issued by Nepra. The positive adjustment of Rs22.297bn has been allowed on account of variation in capacity charges, variable operations and management, additional recovery on incremental sales, use of system charges, market operator fee, and fuel cost adjustment (FCA) impact on transmission and dispatch losses for the quarter (July-September FY2023-24).