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Home Business & Stock

NEPRA notifies Rs4.74 hike in electricity price for Oct FCA

MM News Staff by MM News Staff
December 9, 2021
Reading Time: 2 mins read
nepra

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the power tariff by Rs4.74 per unit on account of fuel charges adjustment (FCA) for October 2021.

The FCA for October 2021 will be charged with the bill of December 2021, which will be paid by all consumer categories of distribution companies, except for lifeline customers of all ex-WAPDA distribution companies (XWDISCOs).

The Rs4.74 increase will put a burden of Rs60 billion on consumers, including a 17% GST.

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It is pertinent to mention that 10.98 billion units of electricity were sold during October.

“While effecting the fuel adjustment charges, the concerned XWDISCOs shall keep in view and strictly comply with the orders of the courts notwithstanding this order,” the notification read.

Read more: CPPA requests Rs2.65 per unit hike in electricity tariff

Earlier this week, the regulatory authority notified another hike in the price of electricity for Karachi, increasing the rate by Rs3.75 per unit.

The notification said that the latest adjustment in the approved tariff for Karachi has been made on account of the fuel charges’ adjustment for September, which would be included in the electricity bills for December.

Tags: NEPRA
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