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Tuesday, May 21, 2024

NEPRA approves relief to K-electric consumers for July bills

Earlier in the day, it was stated that K-Electric will likely return Rs3.47 per unit to consumers in July electricity bills with Nepra's permission because of less expense on fuel.

Electricity consumers protested on roads as they were bombarded with hefty bills. On account of outrage expressed by the consumers, the National Electric Power Regulatory Authority (NEPRA) has approved a relief of Rs3.63 per unit for K-Electric consumers in the bills for July after power utility proposed a relief of Rs3.47 per unit.

However, the reduction in electricity tariff due to fuel adjustment charges would not apply to lifeline customers.

Read more: Skyrocketing electricity bills and response of the Prime Minister

Earlier in the day, it was stated that K-Electric will likely return Rs3.47 per unit to consumers in July electricity bills with NEPRA’s permission because of less expense on fuel.

As reported by a K-Electric official to a private news channel, NEPRA will hold a hearing today on negative fuel adjustment charges, and if approved by the regulatory body, the refund will be included in consumers’ electricity bills.

“The tariff of electricity supplied from the Centre declined by 31 percent while RLNG prices went down by 16 percent,” the K-Electric spokesperson said. “The price of furnace oil however rose by 4 percent,” he added.

It has also been shared that they have submitted an application for overburdening the consumers by Rs14.53 per unit under quarterly adjustment charges for April to June. The consumer will not be overburdened in general by consistent quarterly adjustment rates, according to the power utility.

In addition, NEPRA raised the power tariff for K-Electric customers by Rs11.10 per unit on Thursday, August 11.

The permission was provided in terms of fuel adjustment charges for June 2022, with the increase not affecting lifeline customers. According to the letter, the current increase will be reflected in the bills for August and September 2022.

It is clear that government announces one relief with several other levies. Electricity consumers have become target of the government to overcharge and overburden. In last couple of months, inflation has crossed all boundaries and the Rupee has lost its value. The general public is panicking upon receiving skyrocketed electricity bills with minimum usage.