The power tariff for K-electric customers will be reduced by Rs 4.87 per unit, as agreed on Thursday by the National Electric Power Regulatory Authority (NEPRA).
The fuel adjustment charges’ pricing cut would save K-electric customers Rs 7 billion. This does not apply to lifeline consumers of KE.
As of right now, NEPRA hasn’t made a comprehensive announcement.
The production figures for K-Electric and the CPPA, according to Chairman NEPRA, do not match.
The government is suffering a loss of Rs. 15 per unit, according to the chairman of NEPRA, which is eventually borne by the consumer.
NEPRA was advised to increase the power rate by Rs 0.22 per unit in fuel adjustment costs for August by the Central Power Purchasing Agency (CPPA).
Hydraulic power plants generated 38.10% of the electricity in August, while coal-fired power plants generated 15.39%, according to the CPPA’s application. Furnace oil produced 7.27% of the electricity, RLNG 12.49%, nuclear power plants 13.34%, and local gas 9.36%.
Electricity generated from coal cost Rs 20.54 per unit, furnace oil Rs 35.61, local gas Rs 10.49, and RLNG power cost Rs 24.72 per unit.
The CPPO application stated that various power sources generated a total of 13.638 billion units of electricity in August. The cost of reference fuel was Rs 9.89, and the average production cost for August was Rs 10.11 per unit.
Given the variation in fuel costs on the global market, the CPPA advised NEPRA to increase the fuel tariff by Rs 0.22.