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NEPRA Allows KE to Raise Tariff by Up to RS 1.97 Per Unit

Islamabad: K-Electric has been given permission by the National Electric Power Regulatory Authority (NEPRA) to raise the price of electricity by up to Rs 1.97 per unit.

For the period of July 2019 to June 2020, NEPRA established the quarterly tariff variation for the period of April 2019 to March 2020.

For the quarters of April through June 2019, July through September 2019, and January through March 2020, the authorities approved price increases of Rs 0.78 per unit, Rs 1.97 per unit, and Rs 0.61 per unit, respectively. However, it chose to lower the cost of power for the quarter from October to December 2019 by Rs 0.02 per unit.

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The impact of the aforementioned quarterly adjustments would be adjusted in the tariff difference subsidies for K-Electric because the federal government had a uniform tariff policy across the nation, including for K-Electric users, NEPRA stated in the statement.

They must thus have no effect on customers.

The authorities denied K-write-off Electric’s claim for Rs. 4.051 billion, among other changes.

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