LAHORE – As a downward trend was observed in oil price in the international market in June, the government will refund approximately Rs2.13 per unit to consumers in upcoming bills, local media reported.
A petition filed by the Central Power Purchasing Agency-Guarantee (CPPA-G) seeking a decrease in tariff for the month of June would be heard by National Electric Power Regulatory Authority (NEPRA) on July 25. The reduced tariff will not be applied to K-Electric.
The agency states in the petition that Rs 6.83 per unit was received from consumers in June instead of the actual price Rs 4.7 per unit determined on the basis of the cost of fuel.
It has asked Nepra to return Rs 2.134 per unit to consumers for each consumed unit. After approval, the consumers will be compensated in bills for July.
It is important to mention here that the reduced tariff will not be applicable to agricultural consumers and residential consumers who used less than 300 units per month as these categories are already subsidised by the government.
