NEPRA approves Rs0.40 per unit FCA for K-Electric

MG News | November 12, 2024 at 12:04 PM GMT+05:00

0:00

November 12, 2024 (MLN): National Electric Power Regulatory Authority (NEPRA) has issued its decision on K-Electric’s petition for provisional monthly fuel charge adjustments (FCA) for August 2024, at PKR 0.40 per unit.

The amount will be reflected in customer bills in the month of January 2025.

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

These costs are reflected in customer bills following NEPRA’s scrutiny and approval.

Customers also benefit from negative FCA in their bills when global fuel prices decrease.

Rates charged to customer bills are determined by NEPRA and notified by the Federal Government.

As per the Regulatory Authority’s decision, FCA shall be applicable to all the consumer categories except Electric Vehicle Charging Stations (EVCS), lifeline consumers and Prepaid metering consumers.

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