KE consumers to get Rs8.6bn refund in next bill.

ISLAMABAD -- The National Electric Power Regulatory Authority (Nepra) on Friday notified a reduction of Rs5.13 per unit for K-Electric consumers on account of fuel cost adjustment (FCA) for electricity consumed in September.

Under the notification, KE is now required to refund about Rs8.6 billion to consumers through adjustment in the current billing month, i.e. November.

The revised rate would apply to all the consumer categories except lifeline domestic consumers consuming up to 300 units, agriculture consumers and electric vehicle charging station (EVCS) consumers of K-Electric.

The negative adjustment on account of monthly FCA is also applicable to the domestic consumers having Time of Use (ToU) meters irrespective of their consumption level. K-Electric shall reflect the fuel charges adjustment in November bills, the notification said.

Nepra notifies a tariff cut of Rs5.13 per unit for September

At a public hearing on Oct 25, the regulator announced a negative FCA of Rs4.70 per unit (Rs7.78bn) against KE's petition for Rs4.62 per unit (Rs7.74bn). In subsequent verification of evidence, Nepra notified a Rs5.13 per unit reduction or a cumulative refund of about Rs8.6bn.

Among other things, regarding the cost of energy purchased from the national grid, KE had claimed Rs10.1160 per unit which stood at Rs9.99 per unit as approved by Nepra for other distribution companies.

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