ISLAMABAD: Electricity consumers across Pakistan, including those served by K-Electric, are likely to receive relief in the form of a Rs1.51 per unit reduction in power tariffs for the next three months. This decrease stems from lower capacity charges due to falling interest and exchange rates, as well as revised contracts with public and independent power producers (IPPs).
The National Electric Power Regulatory Authority (NEPRA) will hold a public hearing on August 4 to consider the federal government’s request for a Quarterly Tariff Adjustment (QTA), aimed at passing on Rs53.4 billion in cost savings to consumers for the April-June quarter of FY2024-25.
The petition, submitted by the Central Power Purchasing Agency (CPPA) on behalf of the Power Division, outlines savings of Rs53.7 billion from reduced capacity charges across 10 public-sector distribution companies (Discos), slightly offset by increases in O\&M, service charges, and market fees.
Faisalabad Electric reported the highest savings at Rs15.03 billion, followed by Lahore Electric (Rs12.64bn) and Multan Electric (Rs8.48bn). All Discos posted savings except Quetta Electric, whose charges rose by Rs3.06 billion. Though K-Electric did not contribute to the savings, its consumers will benefit under the uniform national tariff policy.
Additional reductions came from Rs662 million in transmission and distribution loss savings. If approved, this adjustment would bring much-needed relief to power consumers battling high electricity costs.
Story by Khaleeq Kiani
