Discos propose Rs2.2 per unit relief.

ISLAMABAD -- For a change, the ex-Wapda distribution companies (Discos) on Thursday proposed a refund of Rs2.20 per unit overcharged to consumers in December under the fuel cost adjustment (FCA) involving a negative revenue adjustment of about Rs18 billion in February.

The National Electric Power Regulatory Authority (Nepra) has accepted the tariff petition and has called a public hearing on Jan 30 to see if the proposed reduction is justified in line with the monthly FCA mechanism.

On approval, the Discos would pass on about half (Rs9bn) of the amount they overcharged to consumers because of a mechanism in vogue that prohibits reduction in FCA to be passed on to domestic consumers...