Power regulator notifies Rs1.23 per unit refund

The National Elec­tric Power Regulatory Authority (Nepra) on Wednesday notified a Rs1.23 per unit negative fuel cost adjustment (FCA) for the consumers of both ex-Wapda distribution companies (Discos) and K-Electric in the current month’s bills. The negative FCA for Discos was on account of electricity consumed in December, while it was against consumption in November in the case of K-Electric. Nepra’s Member Tariff Mathar Niaz Rana protested over Rs1.23 per unit negative FCA for KE consumers, saying the KE had proposed about Rs4.98 per unit negative FCA with a refundable amount of Rs7.18bn. Nepra worked out a negative FCA of slightly over Rs5 per unit or Rs7.22bn refund, which should have been passed on to the consumers who had long expected this relief. Member Technical Rafi­que A. Shaikh also supported this.