ISLAMABAD: Following a recent adjustment of Rs5.76 per unit for May and June, K-Electric has requested a further Rs3.1 per unit fuel cost adjustment for July, aiming to collect an additional Rs6.2 billion from its customers.
The National Electric Power Regulatory Authority (Nepra) has scheduled a public hearing for August 29 to review K-Electric’s latest request. On Wednesday, Nepra approved additional fuel cost adjustments (FCA) of Rs2.59 and Rs3.168 per kWh for electricity used in May and June, respectively, which will be billed to consumers in October and November.
In contrast to K-Electric’s request of Rs3.09 per unit for July, the Central Power Purchasing Agency (CPPA) has proposed a 32 paise per unit refund for July consumption to consumers of ex-Wapda distribution companies (Discos).
Fuel charge adjustments are necessary due to fluctuations in global fuel prices and changes in generation mix. These higher charges affect all consumer categories, except for lifeline consumers, protected domestic users consuming up to 300 units, agricultural consumers, and electric vehicle charging stations (EVCS).
The adjustment for monthly FCA is also applicable to domestic consumers with Time-of-Use (ToU) meters, regardless of their consumption level. Changes in fuel costs are passed on to consumers monthly through an automatic mechanism, while other tariff adjustments, including those for power purchase prices, capacity charges, and system costs, are incorporated into the base tariff by the federal government.
