Recently, NEPRA (National Electric Power Regulatory Authority) has announced to reduce the power rates by Rs5.13 paisas per unit for the K-Electric consumers, as per sources.
As per the issuance of notification by NEPRA, the power rates has been lowered due to fuel cost adjustments (FCAs) for the month of September 2022.
However, the firm had proposed the power regulators to decrease the rates by Rs4.89 per unit on account of FCAs for the month of September.
After completing the hearing on an issue, on 25 October NEPRA has forwarded the notification to cut the rates for K-Electric consumers.
Moreover, it was confirmed too that the relaxation of Rs5.13 paisas is just for a month. Furthermore, it was also informed by the power regulator that the decrease in FCA amount will not apply to lifeline customers, domestic customers using up to 300 units, agricultural customers, or electric vehicle charging stations.
