ISLAMABAD: National Electric Power Regulatory Authority (NEPRA)has hiked the price of electricity by Rs2.24 per unit however the increase is not applicable on K-Electric ( formerly known as KESC) consumers, ARY News reported.
Officials of National Transmission & Despatch Company (NTDC) gave a briefing regarding the cost of electricity production for the month of January in NEPRA’s head office, Islamabad on Thursday.
It was briefed in the meeting that 54 per cent of electricity was produced by furnace oil during January 2014, which is 90 per cent higher as compare to the January 2013 while electricity production using gas reduced by 6 per cent causing the extra charges of Rs. 11.73 per unit.
Listening to the NTDC’s stance, NEPRA approved the increase in electricity tariff; the increase will show up as ‘Fuel Adjustment Charges’ from the January billing cycle onwards.