ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has decided to cut electricity tariffs by Rs2.80 for June 2016 due to fuel adjustment.
However, K-Electric and agricultural consumers and those domestic users who consume less than 300 units per month will not be enjoying this relief.
Following the tariff cuts by the top power regulatory body, consumers will see the fuel adjustment charges reflected in their September power bills. The cut is expected to provide customers relief worth around Rs21 billion.
The Central Power Purchasing Agency (CPPA) had earlier in July requested Nepra to reduce the tariff by Rs2.33 per unit. On Thursday, during the monthly public hearing on the price adjustment mechanism, the regulator decided to cut tariffs.
According to Nepra, the fuel cost of electricity delivered to distribution companies was calculated at Rs4.48 per unit in June against the reference price of Rs6.82 per unit, which suggests that consumers were entitled to receive Rs2.33 per unit.
