Power tariffs might be increased by Rs 1.17 per unit: NEPRA

Infosette News: Due to the monthly fuel adjustment (MFA) for January 2023, the National Electric Power Regulatory Authority (NEPRA) is anticipated to raise the electricity rate by R1.17 per unit.

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Details indicate that the Central Power Purchasing Agency (CPPA) has petitioned NEPRA for an increase in power tariffs under the fuel monthly adjustment category of Rs1.17 per unit.

Under the monthly fuel adjustment, the CPPA had asked for an increase of Rs. 1.17 for the month of January 2023.

The CPPA’s appeal will be heard by the National Electric Power Regulatory Authority (NEPRA) on February 28. The KE consumers will not be subject to the increase.

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It was previously reported that the federal government had chosen to increase tariffs by Rs. 7.91 per unit due to quarterly revisions in order to act quickly and satisfy requirements imposed by the International Monetary Fund (IMF) to maintain the loan programme under the Extended Fund Facility (EFF).

The government will raise the price of energy by Rs7.91 per unit over the course of four quarterly adjustments starting in February 2023 and continuing through May 2023, as per the circular debt management plan that was provided to the IMF. In addition, September through November.

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