NEPRA Okays Rs3.63 Per Unit Refund For K-Electric Consumers In July Bills.

The National Electric Power Regulatory Authority (Nepra) has approved a relief of Rs3.63 per unit for K-Electric consumers in the bills for July after the power utility suggested a relief of Rs3.47 per unit.

The reduction in power tariff under fuel adjustment charges will however, not be applicable on lifeline consumers.

Earlier in the day, it was reported that the K-Electric will likely refund Rs3.47 per unit to consumers in electricity bills for July after Nepra's approval following less expense on fuel.

According to a spokesperson for K-Electric, a hearing for a negative fuel adjustment charges will be held today by Nepra and after approval from the regulatory body, the refund will be included in the electricity bills for the consumers.

'The consumers will get a relief after a decrease in fuel prices globally,' the power utility said. 'The tariff of electricity supplied from the Centre declined by 31 percent while RLNG prices went down by 16 percent,' the K-Electric spokesperson said.

'The price of furnace oil however rose by 4 percent.' The spokesperson added that they have submitted a request for...