Saturday 18 February 2023

Good news for power consumers as tariff cut by Rs2.32 per unit

 ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) announced on Thursday a reduction of Rs2.32 per unit for customers of Ex-WAPDA distribution companies (XWDISCOs) in an effort to ease the burden of inflation on the public.


The cut, which has been announced in light of the fuel charges adjustment (FCA) for December 2022, would allow Pakistanis some breathing room as they deal with the effects of historically high gas and oil costs.


The NEPRA instructed all XWDiscos to indicate the adjustment individually in the consumer's invoices for February, according to a notification issued in this respect.


The news comes a day after the federal government launched a "petrol bomb" on the populace by raising the price of gasoline by 22.20 rupees to Rs272 per litre. Meanwhile, consumers' natural gas rates were substantially raised by up to 112%.


All consumer categories, with the exception of:


Clients' lifelines

Up to 300 units are consumed by domestic customers.

consumers of agriculture Electric vehicle charging stations

It was also made clear that residential clients using Time of Use (ToU) metres, regardless of their usage level, are subject to the negative adjustment on account of monthly FCA.


According to the units billed to consumers in December 2022, "the abovementioned adjustment will be disclosed individually in the consumers' bills," it stated.


Under the established laws and regulations of NEPRA and the government of Pakistan, the FCA is passed on to consumers based on changes in fuel prices around the world.


After carefully examining the statistics for a month in which the fuel charges were recovered from the consumers, NEPRA approves the recommendation suggested by the power distribution firms.


The electricity regulator had already announced a reduction of Rs10.8 per unit for K-Electric customers for the month of December 2022. This reduction will also be reflected in February 2023 customer bills.

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