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    Home » NEPRA Approves a Price Increase of Rs. 4.83 Per Unit for KE Customers

    NEPRA Approves a Price Increase of Rs. 4.83 Per Unit for KE Customers

    Ahmed KhanBy Ahmed KhanMay 28, 2022Updated:May 29, 2022 Pakistan No Comments1 Min Read
    NEPRA
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    For power consumed in March 2022, the National Electric Power Regulatory Authority (NEPRA) approved a price hike of Rs. 4.83 per unit for K-Electric customers on Friday.

    The permission was given to K-power Electric’s tariff appeal for fuel cost adjustment (FCA) for the month of March 2022, which will be charged to customers in June 2022 bills.

    To recoup Rs. 8.592 billion from users, K-Electric proposed a Rs. 5.27 per unit increase in the power tariff. The estimate for the month of March was based on the Central Power Purchasing Agency (CPPA) invoice for February 2022, according to a petition submitted by KE, and was susceptible to changes based on NEPRA’s ruling.

    The price increase would apply to all consumer groups excluding lifeline consumers, according to a NEPRA notification. NEPRA also mandated that the increase be displayed separately on bills based on the number of units billed to consumers in the month in which the adjustment is made.

    ALSO READ: Four Pakistanis have been named to Forbes’ Asia’s 30 Under 30 list for 2022

    Read more on Latest Business News on Pakistanlounge.pk

    Ahmed Khan

    Ahmed Khan is a Senior Editor at Pakistan Lounge and joined in July 2021. Formerly News Editor at a Local News website

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