The National Electric Power Regulatory Authority (Nepra) has granted permission for a rise of Rs. 5.40 per unit in electricity rates as part of the quarterly adjustment for the fourth quarter of the fiscal year 2022-23 (FY23).
The ex-Wapda distribution companies (XWDISCOs) had submitted their appeals for adjustments related to capacity charges, transmission charges, market operator fee, the effect of incremental units, the impact of T&D losses on FCA, and variable operation & maintenance charges for the fourth quarter of FY23, covering April to June 2023. Nepra conducted a hearing on this matter on Wednesday.
This approval implies that power consumers will need to pay an additional Rs. 144 billion to distribution companies. However, this revised tariff will not apply to Lifeline and K-Electric consumers.
The increased charges will be included in the bills for September, October, and November. The authority will release its comprehensive decision in the upcoming days and might consider the Power Division’s request to extend the collection of the increase over six months instead of three, considering the substantial bills consumers are already dealing with.