Tag: Fuel Cost Adjustment
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NEPRA approves Rs1.75 per unit tariff hike to recover Rs40 billion
NEPRA has approved an increase of Rs1.75 per unit in the electricity tariffs for distribution companies (Discos) and K-Electric (KE).
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Electricity prices increased by Rs2.56 per unit under fuel cost adjustment
In a move likely to compound the financial difficulties faced by inflation-burdened citizens, the federal government announced a Rs2.56 per unit increase in the power tariff on Thursday. This adjustment, pertaining to fuel cost adjustment (FCA) for June, will be reflected in electricity bills issued in August. This tariff hike is part of a strategy…
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Nepra approves Rs7.056 per unit hike for power consumers
In a setback for the already burdened public grappling with inflation, the National Electric Power Regulatory Authority (Nepra) has greenlit a fuel cost adjustment, paving the way for a Rs7.0562 per unit increase in tariffs for March 2024.
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NEPRA okays Rs3.21 per unit hike in power tariff
A quarterly adjustment of Rs3.21 per unit of power for the period of April to June 2022 has been approved by the National Electric Power Regulatory Authority (NEPRA). A further burden of Rs93.95 billion will be placed on energy consumers as a result of the most recent price increase. To be effective as of October…
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Weekly inflation down 8.1% due to lower FCA, timely import of vegetables
Weekly inflation measured by the Sensitive Price Indicator (SPI) for the week ending September 22, 2022, decreased by 8.11 per cent. The year-over-year (YoY) trend shows a rise of 29.28 per cent, which is down around 11 per cent from the 40.58 per cent observed last week. The YoY rise stayed above 40 per cent…
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PM orders discos to suspend staff leaves and work nonstop to correct electricity bills
The staff of power distribution companies (DISCOs) must work nonstop to correct the electricity bills of consumers using less than 200 units per month, following a directive from Prime Minister (PM) Shehbaz Sharif. He gave the order for all staff members’ leaves to be ended, the bills should be corrected right away, and a report…
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PM Shehbaz announces relief for 17 million power consumers
Prime Minister Shehbaz Sharif stated that 17 million of the nation’s electricity consumers would not be required to pay the excessive fuel cost adjustment (FCA) charges that are included in their monthly bills. According to Express, the prime minister outlined the rationale behind the FCA and claimed that it had resulted in a substantial increase…
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Fuel Cost Adjustment: Consumers protest against inflated electricity bills
Power consumers protested in major cities against the government and power supply companies due to excessive residential and commercial bills that were issued under the pretext of Fuel Cost Adjustment (FCA). A number of Lahore residents were seen protesting outside LESCO offices, complaining about the skyrocketing electricity bills, chanting anti-LESCO slogans at Dharam Pura, Begum…
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Cabinet approves Rs7.91 per unit increase in power tariff
After several postponements, the Federal Cabinet finally decided to approve the Rs7.91 per unit increase in the power tariff. The Federal Minister of Power, Khuram Dastgir, and Minister of Petroleum, Musadik Malik, made the announcement during a press conference. Dastgir claimed that because Prime Minister (PM) Shehbaz Sharif wanted to provide relief to the masses.…
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Nepra approves price increase of Rs9.66 per unit for Karachi
On account of the fuel cost adjustment (FCA) for May 2022, the National Electric Electricity Regulatory Authority (Nepra) allowed K-Electric to increase its power rate by Rs9.66 per unit on Monday. According to Aaj News, Nepra will make the announcement following careful consideration. In order to transfer the financial burden of Rs22.65 billion to consumers…