ISLAMABAD: Three power distribution companies — including two slated for privatization in the current fiscal year — have approached the National Electric Power Regulatory Authority (NEPRA) for the determination of their consumer-end tariffs on an interim basis for the period July 2026 to December 2026.
In a letter addressed to the NEPRA Registrar, Islamabad Electric Supply Company (IESCO) CFO Raees Haider cited a Ministry of Energy (Power Division) directive instructing all Discos to apply for tariff determinations under the revised annual rebasing schedule. The rebasing cycle, previously aligned with the fiscal year ending June 30, will now commence from January 1, 2026 — a shift aimed at improving consumer affordability and aligning tariff adjustments with seasonal consumption patterns.
IESCO requested NEPRA to initiate the interim tariff determination process and assured the provision of any financial data or clarifications needed for timely completion.
Faisalabad Electric Supply Company (FESCO) made a similar request, referring to NEPRA’s earlier determination of its Annual Distribution Margin (ADM) for FY 2025-26, notified by the government on July 1, 2025. FESCO asked the regulator to determine its interim tariff for the July–December 2026 period under NEPRA’s Tariff Standards and Procedure Rules, 1998.
Lahore Electric Supply Company (LESCO) also submitted a matching petition, seeking interim tariff approval for the same six-month period.
To review the applications and make an informed decision, NEPRA has scheduled a public hearing on December 3, 2025.
Story by Mushtaq Ghumman
