17-paisa refund for KE notified

The National Electric Power Regulatory Authority (Nepra) on Tuesday notified a 17-paisa per unit negative fuel cost adjustment (FCA) for K-Electric consumers. The negative FCA would be adjusted to consumer bills during December. KE had proposed a 16-paisa refund to consumers for September consumption that was increased to Rs0.1758 by the regulator with a net revenue impact of Rs276 million to the consumers. This will slightly reduce the impact of a positive FCA of Rs3.04 per unit to be charged to consumers in December, previously approved by Nepra for electricity consumption in July. Effectively, the consumers would pay an additional FCA of Rs2.86 per unit.