ISLAMABAD: In another troubling development for energy consumers, Pakistan’s 10 power distribution companies (DISCOs) have requested a further hike of Rs3.50 to Rs6 per unit in consumer bills under the last quarterly price adjustment for 2022-23.
The NEPRA heard the applications of the 10 DISCOs, which could cost consumers Rs144.688 billion from July 1, 2023.
“If the required increase is recovered from consumers in the first three months of FY24, the tariff increase would be Rs5-6 per unit,” the official said.
However, over six months, the cost rise would be Rs2.50-3 per unit. The government decides how to handle the head growth in the fourth quarter of FY23.”
Moreover, In the third quarter of FY23, ToU consumers paid Rs49.57 per unit after surcharges, power duty, PTV fee, GST, Sales Tax, FPA, and current QTA.
While, End users would pay Rs.53-56 per unit after the planned rise in the fourth quarter of FY23. Commercial and industrial users would also suffer from the rise.
10 DISCOs requested Rs122.413 billion in capacity from Rs144.688 billion. The last quarter of FY23 required Rs7.497 billion for variable O&M, Rs14.349 billion for UoSC and MoF, Rs7.352 billion for T&D losses on monthly FCA, Rs6.960 billion for incremental units, and Rs34 million for lifeline consumers.
Under the fourth QTA for FY23 petitions, Faisalabad Electric Supply Company (FESCO) requested Rs23.491 billion from consumers, Gujranwala Electric Power Company (GEPCO) Rs16.139 billion, Hyderabad Electric Supply Company (HESCO) Rs9.328 billion, and Islamabad Electric Supply Company Limited (IESCO) Rs9.891 billion.
Moreover, Lahore Electric Supply Company (LESCO) wanted Rs31.877 billion, Multan Electric Power Company (MEPCO) Rs27.266 billion, Quetta Electric Supply Company (QUESCO) Rs7.582 billion, Sukkur Electric Supply Company (SEPCO) Rs5.195 billion, and Tribal Electric Supply Company (TESCO) Rs4.016 billion.
