Islamabad:
Electricity consumers in Karachi are set to enjoy relief as K-ELECTRIC (KE) has sought an RS4.95 per year. Unit reduction in Power Tariffs for December 2024 due to fuel charges adjustment.
The National Electric Power Regulatory Authority (NEPRA) has planned a public consultation on February 26 to consider KE’s request for a negative fuel charges (FCA), according to industry sources.
According to KE’s petition, the adjustment is based on the preliminary reference parriff in March 2023, resulting in a total reduction of RS4.94 billion in fuel costs.
In addition to the FCA adjustment, KE has requested NEPRA to consider a further adjustment of RS5 billion for fuel costs incurred from July to December 2024.
Power Utility claims that the amount is pending due to partial load, open cycle, degradation curves and start -up costs. It has called on the authority to provide adaptation to prevent a future burden on consumers.
According to details, NEPRA has framed three key questions for consideration during the consultation, including whether the requested FCA is justified and whether KE has followed the meritor, while giving sending to his power plants as well as power purchases from external sources.
It will further consider whether KE’s request to consider adjusting accumulated actualization of fuel costs due to partial load, open cycle and degradation curves along with start -up costs from July to December 2024, from the negative variation in fuel cost is justified.
