Karachiites are likely to get a massive relief as K-Electric has sought a tariff reduction of Rs10.26 per unit on account of fuel charges adjustment (FCA).<\/p>\n
The National Electric Power Regulatory Authority (NEPRA) announced in a statement that it would conduct a public hearing on January 30 on a petition filed by K-Electric for the FCA for December 2022.<\/p>\n
FCA is based on changes in the global prices of fuel and is passed on to consumers under the prescribed rules and regulations of NEPRA and the government of Pakistan.<\/p>\n
The recommendation proposed by the power distribution companies is approved by NEPRA after a thorough review of the data provided for a month during which the fuel charges were recovered from the consumers.<\/p>\n
December\u2019s FCA request for over Rs10 per unit came primarily due to the reduction in prices of re-gasified liquefied natural gas (RLNG), furnace oil and electricity purchased from the national grid.<\/p>\n
In case of approval, Karachhites will get a relief of nearly Rs13 billion. The negative FCA, if approved, would be applicable to all consumer categories except:<\/p>\n
Lifeline consumers
\nDomestic consumers using up to 300 units
\nAgriculture consumers
\nElectric vehicle charging stations<\/p>\n
It was also clarified that likely adjustment on account of month FCA will also be applicable to the domestic consumers having Time of Use (ToU) meters irrespective of their consumption level.<\/p>\n
Last week, the power regulator decided to\u00a0slash the power tariff\u00a0by Rs7.43 per unit for KE consumers on account of FCA for November 2022.<\/p>\n
In its petition filed with NEPRA, KE had requested a tariff reduction of Rs7.043 per kilowatt-hour (kWh). The regulator conducted a public hearing on December 27, 2022, and approved a reduction of Rs7.43 per unit.<\/p>\n
The FCA for November 2022 will be reflected in the billing month of January 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"
Karachiites are likely to get a massive relief as K-Electric has sought a tariff reduction of Rs10.26 per unit on account of fuel charges adjustment (FCA). The National Electric Power Regulatory Authority (NEPRA) announced in a statement that it would conduct a public hearing on January 30 on a petition filed by K-Electric for the […]<\/p>\n","protected":false},"author":1,"featured_media":112085,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,23],"tags":[],"class_list":["post-112084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-national"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/112084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=112084"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/112084\/revisions"}],"predecessor-version":[{"id":112086,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/112084\/revisions\/112086"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/112085"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=112084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=112084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=112084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}