Monitoring Desk
ISLAMABAD: K-Electric has sought a Rs7.366 per unit reduction in power tariff for the period of October to December 2022, as well as a Rs2.69 per unit increase under fuel cost adjustment (FCA) for January 2023.
K-Electric requested a positive FCA for January 2023 in separate petitions to the National Electric Power Regulatory Authority (NEPRA), primarily due to an increase in the power price purchased from the Central Power Purchasing Agency (CPPA-G). The price of power purchased from CPPA-G increased by 67 percent during the same period, it added.
Uniform power tariff policy
Similarly, a reduction of Rs 7.366 per unit was sought under the Quarterly Adjustments mechanism for
the second quarter of the current fiscal year 2022-23. Under the country’s uniform tariff policy, the impact of quarterly adjustments is usually not passed on to consumers. The final decision, however, is made by the Ministry of Energy, the federal government, and the NEPRA.
On February 28, the power regulatory would hold public hearings on the petitions. FCA is incurred by
utilities as a result of global fluctuations in the fuel prices used to generate electricity and changes in the generation mix.
