K-Electric customers to receive Rs1.67/kWh reduction in July bills

MG News | July 08, 2024 at 11:50 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 08, 2024 (MLN): The National Electric Power Regulatory Authority (NEPRA) has issued its decision regarding the Fuel Charges Adjustment (FCA) requested by K-Electric Limited (KEL) for April 2024, indicating a benefit of Rs1.67 per kWh to be passed on to customers in their July 2024 bills.

Earlier, NEPRA had notified a decision that specified the FCA rate of Rs1.7111 per KWh and Rs1.3946 per KWh, pertaining to July 2023 and September 2023 respectively, to be applied to customers’ July 2024 bills.

Fuel Charge Adjustments are incurred by utilities due to global variations in fuel prices used to generate electricity and changes in generation mix.

These costs are passed through to the consumers following NEPRA’s scrutiny and approval.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,123.57 311.88M	1.62% 2837.78
ALLSHR	107,920.53 732.98M	1.30% 1383.71
KSE30	53,163.60 110.63M	1.61% 842.62
KMI30	250,746.13 98.70M	1.61% 3970.51
KMIALLSHR	69,267.39 434.80M	1.31% 894.74
BKTi	50,530.39 33.26M	1.63% 812.16
OGTi	35,363.61 8.05M	0.68% 237.34

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,410.00	65,105.00 63,920.00	-675.00 -1.04%
BRENT CRUDE	84.34	86.25 83.83	-0.61 -0.72%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.15 -0.14%
ROTTERDAM COAL MONTHLY	118.60	118.60 118.60	-0.95 -0.79%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	79.07	80.87 78.58	-0.53 -0.67%
SUGAR #11 WORLD	14.41	14.86 14.37	-0.44 -2.96%