Nepra approves K-Electric's request for tariff increase
KARACHI: Despite of worst load shedding in Karachi, K-Electric gets green signal for the electricity tariff hike of Rs. 2.68 per unit, ARY News reported.
National Electric Power Regulatory Authority's (Nepra) allowed K-Electric to increase electricity rates on account of Fuel Adjustment Charges (FAC) of the last five months.
K-Electric requested the regulatory body to increase 48.513 paisa per unit for the month of November 2013, 4.081 paisa per unit for December 2013, 139.509 paisa for January, 31.701 paisa for February and 93.662 paisa per unit for March 2014 due to rise in the cost of fuel for the above mentioned months.
Nepra approved the request announcing to issue a recovery schedule through a notification. It further stated that consumers utilizing 50 units or less than that will be exempted from the tariff rise.
K-Electric, who has been taking benefit of generating electricity from cheap gas but the burden of high fuel price always been shifted to consumers by the regulatory body.