Thursday, July 4, 2024 05:40 PM
NEPRA requests approval for additional charge on consumers
- Electricity companies seek NEPRA approval for Rs3.488 per unit charge
- FCA mechanism used to adjust tariffs based on fuel price fluctuations
- Consumers urged to understand factors influencing electricity bills
Image Credits: tribune.com.pkElectricity companies in Pakistan request NEPRA approval for an additional charge on consumers due to fuel cost impact on electricity generation. Understanding tariff adjustments and factors influencing electricity bills is crucial for consumers.
Electricity companies in Pakistan have requested approval from the National Electric Power Regulatory Authority (NEPRA) to impose an additional charge of Rs3.488 per unit on consumers. This request is part of the fuel charges adjustment (FCA) for April 2024.
According to data submitted to NEPRA by the Central Power Purchasing Agency (CPPA), the electricity generation in April 2024 totaled 8,639 gigawatt-hours (GWh). The total cost incurred for this generation was Rs79.55 billion, which translates to Rs9.208 per unit.
The fuel charges adjustment (FCA) is a mechanism used to pass on the variation in fuel prices to consumers. When the cost of fuel used for electricity generation fluctuates, electricity companies apply for an FCA to adjust the tariffs accordingly.
The request for an additional charge on consumers reflects the impact of fuel costs on electricity generation. It is essential for consumers to understand the factors influencing their electricity bills and the regulatory processes involved in tariff adjustments.
