Business Desk 
Oct 26, 2024
National Electric Power Regulatory Authority (Nepra) is set to raise an additional Rs3.0362 per unit charge in December bills in Karachi consumers. The decision was made on Friday, letting K-Electric gather extra fees as a fuel charges adjustment (FCA) for July 2024.
The FCA is claimed to have a financial effect of Rs6.105 billion and will be applied to all consumer categories except for lifeline, prepaid, and electric vehicle charging station users. Nepra predicted the calculation on an interim tariff set in March 2023, reflecting higher generation costs for K-Electric in July.
Read more: Electricity bills to drop in Oct as Nepra okays fuel adjustment refunds
According to NEPRA’s official decision, the total cost of KE’s generation in July 2024 was Rs28.449 billion, while power purchases from external sources cost Rs9.818 billion, resulting in a merged fuel cost of Rs38.267 billion.
This marked a major boost from March 2023, the reference period, where the total fuel cost stood at Rs23.638 billion. Moreover, the data displayed that KE sent out 1,076 gigawatt-hours (GWh) of electricity in July 2024, compared to 520GWh in March 2023, further focusing on the discrepancy in fuel costs.
The FCA breakdown unveiled that KE’s generation was priced at Rs14.15 per unit (kWh), while power purchased from external sources was billed at Rs4.88 per unit, resulting in a total fuel cost component of Rs19.03 per unit for July 2024.
