Electricity Prices Slashed for DISCOs K-Electric Consumers
According to notifications, a reduction of Rs2.12 per unit has been announced for consumers of government-owned DISCOs. Additionally, a price reduction of Rs3 per unit has been approved for K-Electric consumers.
The benefit of a reduction in electricity prices will be passed on to customers in their March 2025 bills.
The refunds were approved for Discos’ consumers for January 2025 and KE’s users in December 2024.
Utilities incur Fuel Charge Adjustments due to global variations in fuel prices used to generate electricity and changes in generation mix. Following NEPRA’s scrutiny and approval, these costs are passed through to the consumers.
As per the Regulatory Authority’s decision, the FCA shall apply to all consumer categories except Electric Vehicle Charging Stations (EVCS), lifeline consumers, prepaid metering consumers, and agricultural consumers.
Earlier, The Central Power Purchasing Agency Guarantee Limited (CPPA-G) moved the application for the lowering power tariff, proposing a refund of Rs2.32 per unit to power consumers, reflecting a fuel charges adjustment for January 2025.
Power consumers likely to get relief in January FCA
According to the petition, the CPPA said over 7.8160 billion units of electricity were produced in January, with the reference fuel charges billed to consumers being Rs13.1/unit, while the actual cost amounted to Rs10.78 per unit.
The CPPA-G has requested that the Rs2.32 difference be refunded to consumers through their electricity bills.
K-Electric (KE) also filed a petition with the NEPRA for a Rs4.95 per unit power tariff cut.
The K-Electric proposed refund comes after the utility charged higher per-unit electricity rates in December 2024.
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