According to the NEPRA notification, the tariff has been reduced in accordance with the three-month and monthly fuel cost adjustments (FCAs) for July to September 2002 and October, respectively.
According to the power regulator, the relief granted for October 2022 will not apply to lifeline customers.
The NEPRA-approved decision to reduce Rs7.83 per unit will be forwarded to the federal government for final approval.
The NEPRA decision will provide Rs3.59 billion in relief to K-Electric customers. The NEPRA will issue a detailed decision later.
During a public hearing on the KE’s petition for monthly fuel charges adjustments for October, NEPRA calculated a tariff reduction of Rs 2.15/unit, while the regulator decided to reduce the tariff by Rs 7.833/unit for the first quarter (July to September) of FY2022-23.
Previously, the National Electric Power Regulatory Authority approved a Rs5.13 per unit reduction for the month of September due to fuel charge adjustments.
According to the power regulator, the Rs5.13 paisa relief is only for one month. The FCA reduction will not apply to lifeline customers, domestic customers using up to 300 units, agricultural customers, or electric vehicle charging stations.
The National Electric Power Regulatory Authority (NEPRA) has reduced the power tariff for K-Electric customers by Rs9.98 per unit, which is a huge relief for Karachi residents.
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