Home Business K-Electric consumers to face higher electricity bills in next three months

K-Electric consumers to face higher electricity bills in next three months

K-Electric is a Pakistani investor-owned utility the produces and delivers energy to consumers, based in Karachi, Sindh, Pakistan.

The K-Electric consumers will face higher electricity bills in the next three months as National Electric Power Regulatory Authority (Nepra) allows charging additional per unit cost of electricity for the last six months for the money fuel cost adjustment (FCA) to the power consumers. 

As per the notification issued by Nepra, K-Electric is allowed to collect the six-month (January to June) fuel cost adjustment from the consumers in their August, September, and October bills. 

In bills of August, the cost adjustment for the two months of January and June will be settled. The K-Electric will be charging Rs1.0998 per unit from the power consumers.

In September, February and April will be adjusted, and Rs1.5484 per unit will be collected from the consumers. While in October, the company will charge an additional Rs0.9921 per unit from the consumers.

The regulatory authority has allowed the distribution company to collect Rs1.2505 per unit from the consumers for January, for February Rs2.0983 per unit, and for March, it asked to charge Rs1.9419 per unit. 

Regarding April’s FCA, K-Electric has been asked to return Rs0.5499 per unit for May Rs0.9498 per unit and another Rs0.1507 per unit to the consumers for June.

The positive FCA shall apply to all the consumer categories except lifeline consumers (consuming up to 50 units), domestic consumers (consuming up to 300 units), and agriculture consumers of the K-Electric.

The negative adjustment on monthly FCA is also applicable to domestic consumers having Time of Use (ToU) meters irrespective of their consumption level.

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