NEPRA okays Rs4.49 hike in power tariff for KE consumers

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday okayed a Rs4.49 hike in electricity tariff for K-Electric consumers on account of uniform tariff, ARY News reported.

The federal government had asked the Nepra to notify Rs4.49 paisa per unit additional charge from all KE’s consumers with effect from January to April 2023.

“Such adjustment shall be applicable on the consumption of, October, November, December and January of 2023 to be recovered from consumers in January, February, March and April 2023”, the Power Division earlier told Nepra.

Under the National Electricity Policy 2021, the government may maintain a uniform consumer-end tariff for K-Electric and state-owned power distribution companies.

Earlier on January 11, the National Electric Power Regulatory Authority (NEPRA) Wednesday announced reduction in power tariff by Rs7.43 per unit for K-Electric (KE) consumers on account of fuel cost adjustment (FCA) for November 2022.

The reduction in tariff was approved after the public hearing to consider the monthly fuel adjustment (MFA) on a petition filed by the Central Power Purchasing Agency-Guarantee.

The decision would provide a relief of Rs10.61 billion to the power consumers, said Nepra.