Fuel price adjustment: NEPRA orders Rs35b reimbursement to consumers

ISLAMABAD: The National Electronic Power Regulatory Authority (Nepra) has ordered power companies to reimburse the amount collected on account of fuel price adjustment (FPA) to consumers, Express News reported on Sunday.

In 2011, Nepra had allowed distribution companies of Islamabad, Lahore, Faisalabad, Hyderabad, Gujranwala, Multan, Peshawar, Quetta and Sukkur to charge FPA in power bills.

The amount that will be repaid to energy consumers totals to around Rs35 billion. The amount will be returned to consumers through future monthly bills.

A notification was also issued in this regard on November 29.

The order applies to amount collected from June 2012 to May 2013.