Islamabad, Feb 20: The National Electric Power Regulatory Authority (NEPRA) is expected to reduce electricity rates by Rs2 per unit as part of the fuel cost adjustment (FCA) for January 2025.
The Central Power Purchasing Agency Guarantee Limited (CPPA-G) has submitted an application proposing a refund of Rs2.32 per unit to consumers due to lower fuel charges. This request, made on behalf of Ex-Wapda Distribution Companies (XWDiscos), aims to provide relief by adjusting the tariff based on actual fuel costs.
NEPRA will decide on this reduction during a public hearing scheduled for February 27. According to the petition, power generation in January reached 7.816 billion units. Consumers were initially charged a reference fuel cost of Rs13.1 per unit, whereas the actual cost stood at Rs10.78 per unit. Given this discrepancy, CPPA-G has urged NEPRA to approve a Rs2.32 per unit refund through upcoming electricity bills.
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The breakdown of electricity generation sources in January highlights the following contributions: hydel power accounted for 10.63%, local coal 15.56%, and imported coal 8.53%. Furnace oil contributed 1.53%, while local gas and imported LNG accounted for 13.11% and 18.92%, respectively. Notably, nuclear power played a significant role, providing 26.61% of the total electricity supply.
In a related development, K-Electric (KE) has also submitted a petition to NEPRA, seeking a Rs4.95 per unit reduction in electricity tariffs. This proposal follows the higher per-unit charges applied in December 2024, with KE now aiming to compensate consumers for the overcharged amount.
If approved, these tariff reductions will provide much-needed relief to electricity consumers, aligning power costs with actual fuel expenditures.
