Rs3.12 per unit increase likely in electricity prices

Electricity rates are likely to be jacked up by Rs3.12 per unit after a request for the same by Central Power Purchasing Agency (CPPA) has been made to the National Electric Power Regulatory Authority (NEPRA).

The request to approve an increase of Rs3.12 per unit in electricity prices on account of Fuel Charges Adjustment (FCA) for December 2021, will be heard in NEPRA today.

The CPPA on behalf of power distribution companies (DISCOs) and K-Electric has filed separate applications with NEPRA under the head FCA of December, 2021.

The application says that more than 8 billion units of electricity were generated in December 2021, adding that that power was generated at the cost of Rs73.84 billion.

The most expensive electricity was generated from furnace oil.

The cost of the electricity generated from diesel was Rs14-8 paisa per unit while the cost of power generation from coal was 13 rupees 31 paise per unit, the application added.

Read More: NEPRA okays govt’s winter electricity plan

“Electricity was imported from Iran at Rs13.26 per unit.”

Earlier this month, National Electric Power Regulatory Authority (NEPRA) had reduced the price of electricity by Rs0.76 per unit for K-Electric (KE) consumers on account of Fuel Charges Adjustment (FCA) for the month of November 2021 and had issued a notification to this effect.

According to NEPRA notification, the price of electricity for KE consumers has been reduced by Rs0.7591 per unit under the head FCA of November 2021 which will be reflected in the KE consumers bills for February 2022.