KE electricity bills in October 2022 to come down by Rs4.7 per unit
KE electricity bills in October 2022 are likely to come down by Rs 4.7 per unit as the National Electric Power Regulatory Authority (Nepra) indicated on Tuesday that the power tariff for KE consumers will be reduced by Rs 4.70 per unit due to a fuel adjustment for the month of September 2022.
The reduction in power tariffs will save KE customers Rs 7.8 billion.
K-Electric (KE) requested that the power regulator reduce the power tariff by Rs 4.62 per unit due to a fuel adjustment for the month of September 2022.
On Tuesday, Nepra held a public hearing in order to consider proposed reductions in electricity rates due to fuel adjustment.
A public hearing was presided over by Engineer Taseef H. Farooqui, Chairman of Nepra.
Engineer Rafiq Ahmed Shaikh and Engineer Maqsood Anwar Khan from Nepra were also present at the public hearing.
K Electric had requested a reduction of Rs 4.62 per unit due to fuel adjustment (FCA), according to a statement from Nepra.
According to Nepra’s data analysis, the FCA reduction amounts to Rs 4.70 per unit, Nepra said, adding that it would be effective for one month only.
It will not affect lifeline customers, domestic customers using up to 300 units, agricultural customers, or electric vehicle charging stations, according to the statement.
According to Nepra, the authority will issue a detailed decision after further examination of the data.
KE officials stated during the public hearing that the provision of indigenous gas for KE power plants was a critical issue that was resulting in higher electricity generation costs.
They said that the economic coordination committee (ECC) and the cabinet committee on energy (CCoE) had agreed that KE power plants could get 90 million cubic feet per day (mmcfd) of natural gas.KE Duplicate Bill | How To Check Online
However, SSGC had been supplying 60 mmcfd gas, in violation of high power committee decisions.
They claimed that SSGC was violating the merit policy order by supplying gas to captive power plants (CCPs).
They claimed that while KE power plants had first priority in terms of gas supply, they were not receiving indigenous gas.
Officials from the company said that KE power plants produced electricity at a higher price of Rs 37.74 per unit because they used expensive fuels like furnace oil and diesel because SSGC didn’t supply enough gas.
But KE got electricity from outside sources at an average cost of Rs 13.12 per unit, so electricity prices for customers were lower.
