ISLAMABAD –Slash electricity charges for a month by Rs 2 .70 per unit, the National Electric Power Regulatory Authority (Nepra) was requested by the Central Power Purchase Agency (CPPA). The former has admitted the request for formal hearing.
If approved, the reduction will be applicable to all distribution companies except K-Electric. The relief will be given to consumers in the billing month of March.
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Earlier, Nepra had approved reference fuel tariff of about Rs9.53 per unit last year when furnace oil price stood at Rs 75,000 per ton, the CPPA said. The price has since come down to a little over Rs 40,000. As a result, the actual fuel cost has declined to Rs6.32 per unit, requiring a reduction of Rs3.2 per unit.
