Nepra hikes K-Electric tariff under fuel cost adjustment.

ISLAMABAD -- The National Electric Power Regulatory Authority (Nepra) has allowed K-Electric to collect consumer tariff on account of variation in fuel charges from July 2016 to June 2019, media reported on Saturday.

The regulator has allowed K-Electric to collect these adjustments in the next nine months from consumers. However, it has directed the electricity supplier to collect tariff from all consumer categories, except those consuming less than 50 units a month.

The determination for these months has been made under monthly fuel charges adjustment (FCA) - a system designed to adjust monthly electricity fees based on fluctuations in (actual recorded) fuel prices for crude oil, liquefied natural gas (LNG) and coal.

Nepra has allowed K-Electric to collect six-month [July-December 2016] fuel charges adjustment (FCA), which is Rs1.4596 per unit from consumers in their January 2020 bills.

Another six months of tariff will be charged (January, February, March, August, October in 2017 and March 2018) by the regulator as it has notified their FCAs combine impact of Rs1.8619 per unit, the authority has allowed the company to collect it from consumers in their February 2020 bills.

Another seven-month (July, Sept, Nov, December of 2017 and Jan, April and June of 2018) combine FCA of Rs1.6503/unit would be collected from power consumers in their electricity bills of March 2020.

Another Rs1.1175 per unit extra would be collected from consumers in their electricity bills of April 2020 on account of FCAs for...

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