NEPRA okays Rs3.28 per unit hike in electricity tariff for six months
The revised rate will be applicable on all customers.
The National Electric Power Regulatory Authority (Nepra) has given permission to the state-run power distribution companies (Discos) and K-Electric to increase electricity rates by Rs3.28 per unit for the next six months, starting from October 2023 to March 2024.
The revised rate will be applicable on all customers.
As reported, the consumers will be charged an extra Rs3.28 per unit on account of the fourth quarterly adjustments for FY23 (April-June 2023).
The latest increment has been made due to the variation in capacity charges, Variable O&M, additional recovery on incremental sales, Use of System Charges, Market Operator Fee, and fuel charge adjustment (FCA) impact on transmission and distribution (T&D) losses.
After the new increase, all Discos and K-Electric will collect nearly Rs183 billion (including GST) from power in these six months.
Excluding GST, the Discos collection stands at Rs135.58 billion and the K-Electric will charge up to Rs20 billion.