ISLAMABAD: In April, Nepra permitted K-Electric (KE) to charge consumers Re0.58 per unit for the fuel charge adjustment (FCA).
K-Electric requested a Rs1.66 unit increase from Nepra. The agency convened a March 30 public hearing on the application.
On Friday, the agency said that the FCA-approved rate hike for February will apply to April invoices.
The FCA applies to all except lifeline consumers and electric car charging station users.
Moreover, KE would get Rs750 million from the ruling.
While, KE January FCA was Rs1.71. The latest tariff hike would worsen the cost of living issue and record inflation.
Last month, NEPRA permitted Discos and K-Electric to collect deferred fuel adjustment surcharges up to Rs14.24 per unit from consumers in eight months.
Moreover, According to the Nepra decision, discos will recover Rs10.34 per unit from domestic protected consumers using 0-200 units per month, Rs14.24 from non-protected consumers, Rs14.24 from those consuming 201-300 units per month, and Rs9.90 from private agricultural consumers.
Electricity consumers would pay the full amount monthly from March to October 2023.
K-Electric was authorised to charge consumers up to Rs 13.87 per unit for the deferred fuel adjustment cost.
While, K-Electric will recover Rs9.97/unit from domestic protected users using 0-200 units per month, Rs13.87 from non-protected consumers using 0-200 units, Rs13.87 from those using 201-300 units, and Rs9.90 from private agricultural consumers. From March to October 2023, the private lender will recover.