Power Distribution Companies Set To Squeez Rs30bn More From Pakistani Consumers | Dawn News English

Описание: Despite the nearly 26pc increase in annual base tariff already in place, and about 18pc quarterly adjustments in the approval process, there appears to be no end to rising electricity costs as ex-Wapda Distribution Companies (Discos) have sought another Rs1.83 per unit in fuel cost adjustment (FCA) to squeeze Rs30bn more from consumers next month.

This is despite the fact that almost three-fourths (over 74pc) of power generation comes from local cheaper fuels like hydro, coal, gas, nuclear, wind, solar and bagasse.

Through their commercial agent — the Central Power Purc­h­a­sing Agency (CPPA) — Discos have filed a joint petition with the National Electric Power Regula­t­ory Authority (Nepra) for an additional fuel cost adjustment (FCA) of Rs1.83 per unit in the billing month of October for electricity consumed in August. The Nepra has accepted the petition and has called public hearings on Septe­mber 27 to see if the proposed increase in tariff is justified in line with the FCA mechanisms and economic merit order.

The increase in FCA is despite the fact that the base average tariff has gone up by about Rs7.5 per unit with effect from July 1. Another Rs5.40 per unit quarterly tariff adjustment (QTA) worth Rs146bn is just waiting in the wings, as the regulator has already completed the public hearing process and may stagger its recovery over six months at a rate of Rs3.55 per unit, instead of Rs5.40 per unit in three months.

Full story: https://www.dawn.com/news/1776821/dis...

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