ISLAMABAD: K-Electric (KE) is to refund Rs 7.217 billion @ Rs 4.211 per unit to its consumers for the month of August 2022 under monthly fuel charges component adjustment (FCA) mechanism.
National Electric Power Regulatory Authority (NEPRA) is scheduled to hold a public hearing on September 29, 2022 to consider the request of KE.
Insiders claim that there will be no relief to the consumers in August billing as over Rs 3 per unit FCA is already pending to be passed on to the consumers. The second instalment of Rs 7.90 per unit, i.e., Rs 3.50 per unit of re-basing of tariff will also be passed on in the bills of August 2022.
While announcing KE June 2022 FCA, NEPRA stated that it understands that burdening the consumer with FCA of June 2022, i.e., Rs 11.1023/kWh in August would not be in the interest of the consumers.
The Authority has further noted that in the matter of Discos, it has allowed Rs 9.8972/kWh as FCA for the month of June 2022 to be recovered in the month of August 2022. In view of this the Authority decided to charge Rs.3.0114/kWh, for the FCA of June 2022 in billing month of August 2022; whereas, the remaining, i.e., Rs.8.0909/kWh shall be charged in the billing month of September 2022.
Copyright Business Recorder, 2022