ISLAMABAD: In a rare move, the National Electric Power Regulatory Authority (Nepra) approved dual relief measures for electricity consumers on Friday, offering both a negative fuel cost adjustment (FCA) and significant discounts on incremental winter consumption.
Nepra announced a reduction of Rs1.14 per unit in the monthly FCA for October 2024, which will be reflected in December bills. However, with the expiration of the Rs1.28 per unit negative FCA from November, the net relief will effectively be 14 paise lower.
Additionally, Nepra extended the government’s winter relief package—offering 25% discounts on incremental power usage during the winter months—to K-Electric customers, solar net-metered consumers, and industrial users. The package promises reductions of Rs6 to Rs23 per unit based on consumption slabs and categories.
Domestic users consuming more than 200 units will pay Rs26.07 per unit for incremental consumption, a 30% to 50% reduction compared to standard rates. Commercial and industrial users will also benefit, with rates capped at Rs26 per unit for additional usage, providing discounts of 18% to 47%.
Nepra emphasized that the package is subsidy-neutral, with the government covering any losses incurred. This initiative aims to incentivize higher electricity consumption during winters, boosting revenue while reducing reliance on alternative fuels.
Story by Khaleeq Kiani
