The federal government has started work on a plan to revise tariffs and subsidies for protected electricity consumers, while the National Electric Power Regulatory Authority (Nepra) has reserved its verdict on a request to reduce electricity prices by Rs1.93 per unit under quarterly adjustment charges.
The hearing on the quarterly adjustment for January to March was held under the chairmanship of Nepra Chairman Waseem Mukhtar. Officials of the Power Division informed the authority that a reduction of Rs36.837 billion had been recorded in capacity charges during the period from January to March.
According to officials, a further reduction of Rs11.24 billion was recorded under system charges and market operation fees, while incremental units declined by Rs23.51 billion. More than Rs940 million in relief is expected to be passed on to electricity consumers across the country, including those of K-Electric.
During the hearing, industrial and other electricity consumers welcomed the proposed relief. Replying to a question regarding possible changes to the protected consumers’ slab, Power Division officials said the registration process of more than 25 million deserving consumers would be completed by January.
Officials said any revision in tariffs after the registration process would be carried out under a formal regulatory framework. Nepra reserved its decision on the request and said the ruling would be issued after a review of the data and figures.
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