Islamabad June 1 2024: National Electric Power Regulatory Authority (NEPRA) increases electricity tariff to adjust the quarterly revenue shortfall of DISCOs and KE, according to notification issued yesterday.
The Authority has decided to allow the instant positive quarterly adjustments of PKR 46,613 million pertaining to the 3rd quarter of the FY 2023-24, in a period of 03 months i.e. June 2024 to August 2024, at the rate of PKR 1.90/kWh, PKR 0.93/kWh and PKR 0.93/kWh for June, July and August 2024 respectively.
These adjustments are allowed on account of variation in Capacity charges, Variable O&M, additional recovery on Incremental sales, Use of System Charges, Market Operator Fee and FCA impact on T&D losses for the 3rd quarter of FY 2023-24.
This will be be applicable to all consumer categories including K-Electric, except lifeline consumer.
Earlier the Federal Government issued Policy Guidelines to NEPRA, vide letter dated 22.08.2023, for uniform application of quarterly adjustments on XWDISCOs and K-Electric consumers. The policy guidelines state that NEPRA shall determine the same tariff rationalization for K-Electric consumers as determined for X’WDISCOs consumers, with same application period.
