Categories: Latest News

NEPRA approves price hike of Rs3.99 per unit

NEPRA has approved a price hike of Rs3.99 per unit in the electricity bill!

National Electric Power Regulatory Authority (NEPRA) on Tuesday increased the power tariff by Rs3.99 per unit on account of fuel cost adjustment (FCA) for April 2022.

According to a notification issued in this regard, the FCA for April 2022 will be charged with the bill of June 2022, which will be paid by all consumer categories of distribution companies, except for lifeline and K-Electric consumers.

According to the notification, the said adjustment shall be shown separately in the consumers’ bills based on units billed to the consumers in the month of June 2022 by the XWDISCOs.

“XWDISCOs shall reflect the fuel charges adjustment in respect of April 2022 in the billing month of June 2022,” the notification read.

Related Post

The FCA would remain applicable for only a month, it added.

The latest increase of Rs3.99 per unit will put a burden of around Rs58.5 billion on consumers, including 17% GST.

As reported, the Central Power Purchasing Agency-Guarantee Limited (CPPA-G) requested an FCA of Rs4.5 per unit for the month of April 2022 for XWDISCOs.

The regulatory body, NEPRA held a hearing on May 31, after which the authority approved an Rs3.99 per unit power tariff hike, which is Rs1.13 higher than the FCA of March.

NewsDesk

Recent Posts

  • Latest News

Wearing face masks onboard flights no longer mandatory, CAA

Wearing face masks onboard domestic and international flights is no longer mandatory according to CAA's…

12 hours ago
  • Latest News

Farmers’ protest in Islamabad continues for the fifth day

Farmers' protest in Islamabad continues for the fifth day!Farmers, led by the Kisan Ittihad (Farmer's…

14 hours ago
  • Latest News

Cabinet formally approves legal action against Imran Khan and his aides over ‘cypher’ theft

The cabinet has formally approved to take legal action against Imran Khan and his aides…

14 hours ago
  • Drama Reviews

Kala Doriya Episode-3 Review: Asfand and Mahnoor are like Tom and Jerry

Hum TV's Rom-Com Kala Doriya is 3 episodes down and it has somehow failed to…

15 hours ago
  • Latest News

At least 174 dead after the violence at a football match in Indonesia

The early hours of Sunday became the darkest in the football history as at least…

15 hours ago
  • Drama Reviews

Fraud Episode-22 Review: Sharjeel’s fake identity satisfies Tooba’s family

ARY Digital drama serial Fraud followed a unique narrative and modern storyline but now unfortunately…

15 hours ago