Nepra okays Rs11.10 tarrif hike for KE consumers

Nepra okays Rs11.10 tarrif hike for KE consumers. The National Electric Power Regulatory Authority (Nepra) on Thursday approved a hike in the power tariff by Rs10.11 per unit on account of fuel charges adjustment for June month.

According to the notification issued, Nepra has approved to increase in the electricity price of K Electric.

“The fuel adjustment for June will be charged to consumers in 2 months, in August consumers will be charged Rs 3.01 per unit,” the notification stated.

The regulatory authority clarified that out of a total FCA of Rs10.11 per kWh, an amount of Rs3.01 per kWH shall be charged in the billing month of August and Rs8.09 per kWh in the billing month of September.

The National Electric Power Regulatory Authority (abbreviated as NEPRA) is responsible for regulating the electricity supply in Pakistan.

Read more: NEPRA hikes power tariff by Rs9.89 per unit

It is also responsible for issuing licences for generation, transmission and distribution of electricity, establishing and enforcing standards to ensure quality and safety of operation and supply of electric power to consumers; approving investment and power acquisition programs of utility companies; and determining tariffs for the generation, transmission, and distribution of electric power.

NEPRA was created when the Parliament of Pakistan passed the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997.