ISLAMABAD (Web Desk) – The National Electric Power Regulatory Authority (Nepra) on Tuesday approved a reduction of Rs. 3.32 per unit in electricity tariff for bills issued in May 2016.
The reduction has been approved on account of fuel adjustment formula.
According to reports, the reduction does not apply to K-Electric, agricultural consumers or domestic consumers consuming less than 300 units per month.
At a public hearing, Nepra determined that the distribution companies had charged Rs 6. 77 per unit on account of fuel cost to consumers in May but the actual fuel cost was considerably lower. The meeting, presided over by Nepra vice chairman Himayat Ullah Khan, decided that Rs 3.32 per unit should be reimbursed to consumers.
Consumers will be compensated in their July electricity bills.
Moreover, on Tuesday, the government’s claim of producing cheaper electricity with LNG instead of furnace oil was also questioned. It was revealed that power plants were being operated using expensive RLNG instead of the much cheaper furnace oil.