The decrease in electricity price has been made for May 2015. PHOTO: FILE
ISLAMABAD:
The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved a massive cut in electricity unit price up to Rs2.68 under the monthly fuel adjustment plan.
In the wake of public antagonism against continuous power outages and the recent increase in the prices of petroleum products, Nepra announced an immense relief to power consumers in electricity unit price.
The decrease in electricity price has been made for May 2015 and relief would be provided to the consumers of eight power distribution companies in electricity billing of upcoming month September 2015, however the new tariff will not be applicable on lifeline, agricultural and K-Electric consumers.
Read: Tariff stays flat despite cut in production cost
The information provided by the Central Power Purchase Agency (CPPA) suggests that the actual pool fuel charge for the month of May was Rs5.4110 per electricity unit against the reference fuel cost component of Rs8.0982 per electricity unit.
Published in The Express Tribune, August 5th, 2015.
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