Nepra Allows Re0.57 Per Unit Hike In Power Tariff Of K-Electric.

ISLAMABAD -- National Electric Power Regulatory Authority has allowed a hike of Re0.57 per unit in power tariff of K-Electric, which will raise the company's average tariff to Rs 26.08/unit.

The increase of Re.0.5715/unit will be applicable for a period of three months w.e.f. August 2022 to October 2022, on the consumption of June 2022, July 2022 and August 2022 respectively, said a notification issued here NEPRA. In its motion submitted to NEPRA, the Ministry of Energy had proposed an increase of Re.0.5715/unit on the consumption of June, July and August 2022 to be recovered from consumers in July to September 2022, respectively, however, since the month of July 2022 has lapsed, therefore, the same may be recovered from consumers in August to October 2022, based on the consumption of June, July and August 2022 respectively, said a notification issued here.

NEPRA had conducted public hearing on the federal government motion with respect to Consumer End Tariff Recommendations of KE which will increase the price of electricity by 0.57/unit for K-Electric's consumers for the first quarter of FY 2021-22.It is pertinent to mention here that the consumers of XWDiscos are already paying Re. 0.5715/unit in their bills. According to NEPRA, the current average electricity tariff of KE is Rs 25.52/unit. If approved, K-Electric's average tariff will be Rs 26.08/unit.

The Authority had determined Periodic Adjustment in Tariff for the 1st Quarter of FY 2021 -22 for XWDlSCOs having uniform rate of Rs. 0.5715/unit for three months period. In accordance with the National Electricity Policy, the government may maintain a uniform consumer-end tariff for K-Electric and state-owned distribution companies (even after privatization). Accordingly, KE applicable uniform variable charge is also required to be modified so as to recover the revenue requirements of KE, determined by the Authority consistent with the uniform national tariff of XWDlSCOs. The same has been approved by the federal government and it was decided that the same be submitted to the Authority for consideration in terms of the provisions of the Act. Instant motion is being filed by the federal government with respect to Consumer End Tariff Recommendations of K-Electric, under section 7, 31(4) and 31(7) of the Act read with Rule 17 of the Rules so as to reconsider and issue for K-Electric, modified uniform variable charge, to maintain uniform tariff across the country, to recover the revenue...

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