NEPRA Approves Another Increase in Electricity Rates

NEPRA Approves Another Increase in Electricity Rates in 2022

Because of the monthly Fuel Cost Adjustment (FCA) for February, the National Electric Power Regulatory Authority (NEPRA) has raised the price of electricity by Rs. 4.85 per unit.

It has also issued a notification for an increase in the price of electricity, stating that the electricity produced in February was more expensive than the previously determined fuel price.

According to the notification, power distribution companies (DISCOs) will collect the increase from power customers in the April bill. In addition, consumers will be charged Rs. 37.7 billion, excluding GST. K-Electric and lifeline customers will be exempt from the increase.

On March 31, the NEPRA held a hearing to determine the FCA and withheld its decision. The Central Power Purchasing Agency (CPPA) has requested that the cost per unit be increased to Rs. 4.94.

Under the monthly FCA, which only applies for one month, the authority previously raised the electricity price to Rs. 5.95 per unit for the month of January.

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