The National Electric Power Regulatory Authority (Nepra) has given the green light for a Rs. 5.40 per unit hike in power tariffs as part of the quarterly adjustment for the final quarter of fiscal year 2022-23 (FY23).
This adjustment, requested by the ex-Wapda distribution companies (XWDISCOs), encompasses various factors such as capacity charges, transmission charges, market operator fees, incremental unit impact, T&D loss impact on FCA, and variable operation & maintenance charges for the fourth quarter of FY23 (April to June 2023). NEPRA conducted a hearing on these requests recently.
This approval translates to an additional burden of Rs. 144 billion on power consumers, although it’s worth noting that this revised tariff will not impact Lifeline and K-Electric customers.
The increased charges will reflect in consumers’ bills over the months of September, October, and November. Nepra will release a detailed decision soon, and it may consider the Power Division’s request to extend the collection period to six months, recognizing the challenges consumers face with already substantial bills.
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