ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has announced to reduce power tariff by Rs2.60 per unit for the month of August 2015 on account of fuel adjustment.
The consumers using lower than 300 units will be benefited with the refund of Rs22 billion in the bills of November. Nepra took this decision at a public hearing on the monthly fuel adjust mechanism attended by officials of Central Power Purchase Agency (CPPA) and officials of the tariff section of Nepra.
The CPPA, which is responsible for the purchase and sale of electricity, had proposed Rs2.40 per unit refund to the consumers.
According to CPPA’s petition, the fuel cost of electricity delivered to distribution companies (DISCOs) was Rs4.0525 per unit in August 2015 against a reference price of Rs6.4562 per unit, suggesting reimbursement of Rs2.4037 per unit. Total energy generated from all sources was 10,519.2 GWh in August at a cost of Rs43.783 billion (Rs4.1622 per unit). However, CPPA delivered 10,221 GWh to Discos at Rs41.420 billion (Rs4.0525 per unit). The financial impact of transmission losses in August 2015 has been recorded at Rs293.37 million or Rs0.1149 per unit.
