ISLAMABAD: Following a recent approval to charge about Rs10.5 billion in additional fuel cost adjustments (FCA) for May and June, K-Electric (KE) is now seeking to extract another Rs6.2 billion from its consumers through a Rs3.1 per unit FCA for July.
The National Electric Power Regulatory Authority (Nepra) has scheduled a public hearing for August 29 to address KE’s latest request. Just a day prior, the regulator had permitted KE to impose additional FCAs of Rs2.59 and Rs3.168 per kWh for electricity consumed in May and June, respectively, to be reflected in consumers’ October and November bills.
While KE is requesting Rs3.09 per unit FCA for July, the Central Power Purchasing Agency (CPPA) has proposed a 32 paise per unit refund for ex-Wapda distribution companies’ (Discos) consumers for the same month.
Fuel charge adjustments, influenced by global fuel price fluctuations and changes in the energy generation mix, are applied to all consumer categories, except for lifeline users, protected domestic consumers using up to 300 units, agricultural users, and electric vehicle charging stations (EVCS).
Under the tariff mechanism, monthly FCAs are automatically passed on to consumers, while quarterly adjustments for power purchase costs, capacity charges, and other operational costs are incorporated into the base tariff by the federal government.
