The National Electric Power Regulatory Authority (Nepra) has approved an increase in the power tariff of Rs. 5.40 per unit for the fourth quarter of fiscal year 2022-2023 (FY23).
For the fourth quarter of FY23, or April to June 2023, the ex-Wapda distribution companies (XWDISCOs) submitted their requests for adjustments, on which NEPRA held a hearing. These requests covered adjustments for capacity fees, gearbox fees, market operator fees, the effect of additional units, the effect of T&D losses on FCA, and variable operation and maintenance fees.
As a result of the approval, power users will now have to pay distribution companies an additional Rs. 144 billion. However, this revised tariff will not apply to Lifeline and K-Electric customers.
Customers’ bills for September, October, and November will be adjusted to reflect the price increase. The authority may take into account the Power Division’s request to collect the increase in six rather than three months because consumers are already dealing with enormous bills when it issues its detailed decision in the coming days.
