The National Electric Power Regulatory Authority (Nepra) approved an Rs3.27 per unit rise in electricity pricing on Thursday due to a monthly fuel cost adjustment.
According to a statement published by Nepra, the rise in electricity costs would be applied to April invoices.
Karachi’s power consumers will face an additional cost of Rs 3.58 billion as a result of the hike in electricity tariffs.
Meanwhile, Nepra held a hearing on the request for a Rs4.68 rise in electricity pricing due to a monthly fuel cost adjustment for the month of February.
“;The prime minister’s relief package will not impose an additional burden on power users,” said Nepra Chairman.
“;14% less electricity was created from hydel energy in the month of February,” claimed Nepra officials, adding that the gap was mitigated by furnace oil and LNG output. They also mentioned a global spike in fuel prices.
Rafiq Sheikh, a member of Nepra Sindh, asked for an audit of the prior fuel adjustment, claiming that there was usually a large gap between Cppa and Nepra statistical data.
“;The violation of the merit order imposed a penalty of Rs1.37 billion on the power customers,” Nepra officials stated.
“;LNG scarcity has cost electricity customers Rs1.37 billion,” they noted.
“;All of this adds an additional burden of 17 paisa per unit on power consumers,” they said.