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NEPRA

NEPRA approves Rs1.75/unit increase for 4th quarter of FY24

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NEPRA approves Rs1.75/unit increase for 4th quarter of FY24

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Friday approved a Rs1.75 per unit increase in power tariff for the 4th quarter of the fiscal year 2023-24 under a quarterly adjustment mechanism. The regulatory sent the decision to the federal government, according to a press release issue here. The quarterly adjustment would be recovered … Read more

KCCI prompts Nepra for urgent hearing

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KCCI

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has prompted the National Electric Power Regulatory Authority (Nepra) to hold an urgent hearing of the stakeholders of Karachi regarding electricity issues.

KCCI president wrote a letter to Nepra Chairman Waseem Mukhtar regarding inflated electricity costs.

The letter held the government and K-Electric (KE) responsible for exorbitant electricity bills in Karachi. It also entailed a formula to decrease the cost of electricity in Karachi.

The Chairman of Nepra has been requested to consider the points mentioned in the letter on an urgent basis.

KCCI President has called the Power Holding Limited (PHL) surcharge imposing Rs3.23 per unit on the consumers unjust.

As per the letter, KE is charging 3 to 5 Rupees higher than other distribution companies (Discos) for fuel adjustment. Also, Karachi remains unpaid as far as the promised subsidy of Rs33 billion — during COVID-19 — is concerned. Karachi electricity consumers are being charged a Rs1.52 unit additional surcharge. Solving these issues may decrease electricity costs by 7 to 8 Rupees.

Nepra has been requested to call the stakeholders of Karachi for an urgent hearing.

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Senate Standing Committee calls for forensic audit of IPPs

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IPPs

ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat has decided to conduct a forensic audit of the Independent Power Producers(IPPs).

A meeting of Senate Standing Committee on Cabinet Secretariat was held under the chairmanship of Rana Mehmoodul Hassan, in which a briefing was given to the committee on behalf of National Electric Power Regulatory Authority (NEPRA) Chairman Waseem Mukhtar.

Chairman NEPRA said that it is the most difficult task to establish a balance between the government, the electricity company and the consumers. Now the new power generation plants are not being imported , the commercial market has started opening by October and November. The consumer will be allowed to get electricity from the company of his choice.

Waseem Mukhtar said that we all made a mistake, there was a shortage of electricity after 2007, in 2013-14, power plants were built with Chinese assistance, we thought that GDP would remain at 6 percent, we added electricity based on this calculation.

He said that due to power shortage, “We had given incentives to the companies, we had given incentives in dollars to the companies setting up the plants, the value of our rupee is not stable, so the investor asks for payment in dollars”.

He said that the price of electricity will not increase if the government gives confidence to the investors and keeps the economic conditions stable.

Senator Abdul Qadir said that IPPs made money by over-pricing and power producers have made money in 10 years.  The forensic audit should be conducted and it should also be closely monitored.

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Here’s How to save your electricity bill from fixed charges!

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Here's How to save your electricity bill from fixed charges!

NEPRA’s recent announcement brought updates on fixed charges for electricity consumers. NEPRA has introduced a new fixed-charge structure based on electricity usage. Remember to unplug devices not in use to prevent standby power consumption. Following the recent announcement by NEPRA, electricity consumers have received important updates regarding fixed charges. Understanding these charges and adopting strategies … Read more

Electricity prices surged in Pakistan: How much will your July bill cost?

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Electricity prices surged in Pakistan: How much will your July bill cost?

The federal cabinet approved a NEPRA base tariff increase of Rs5.72 per unit. This decision meets the IMF’s conditions for a bailout package. Consumers will face higher electricity bills starting in July 2024. Islamabad, July 4, 2024 The federal cabinet has approved a substantial increase in the NEPRA base tariff by Rs5.72 per unit, effective July … Read more

Nepra new fixed electricity charges in Pakistan starting July 2024

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electricity charges in Pakistan

The National Electric Power Regulatory Authority (NEPRA) has suggested implementing fixed charges on residential electricity bills beginning July 1, 2024. This proposal, pending government approval, aims to implement a tiered structure based on monthly electricity consumption. The proposed charges are as follows: Units consumed (GWh) Fixed Charge(s) 301-400 units/month Rs. 200/month 401-500 units/month Rs. 400/month … Read more

Nepra raises electricity prices by Rs3.33 per unit – June 2024

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NEPRA

The National Electric Power Regulatory Authority (Nepra) announced a rise in electricity prices by Rs3.33 per unit due to fuel cost adjustments for April 2024. This adjustment will be reflected solely in the electricity bills for June 2024, as per Nepra’s notification, and will not affect K-Electric consumers. Previously, Nepra had increased electricity prices by … Read more

K-Electric submits fuel price adjustment claim to NEPRA

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Electricity Bill Online Check (K.Electric) for July 2024: Complete Guide Here

Karachi’s power utility, K-Electric (KE), has submitted a claim for fuel price adjustment (FPA) for April 2024 to the National Electric Power Regulatory Authority (NEPRA). KE has proposed three options: decreasing the FPA by Rs. 0.74 to Rs. 1.18 per unit in two scenarios or adding Rs. 0.44 per unit to an already substantial request … Read more

Electricity rates may rise by Rs3.49 per unit for a month

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NEPRA

The National Electric Power Regulatory Authority (Nepra) is set to consider an increase in electricity prices of Rs 3.49 per unit for one month, driven by fuel cost adjustments. The hearing on the application, submitted by the Central Power Purchasing Authority (CPPA), is scheduled for today. If approved, this adjustment will impose an additional burden … Read more

Govt To Cut Solar Net Metering Buyback Rates to Rs11/unit

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Sindh interest free solar panel loans

PM Shehbaz Sharif directs a review of net metering regulations by NEPRA and Power Division. The proposed changes focus on net metering, a billing system for surplus solar energy credits. Govt aims to balance renewable energy promotion and financial sustainability in the power sector. Prime Minister Shehbaz Sharif has instructed the National Electric Power Regulatory … Read more

Electricity tariff likely to increase once again

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Electricity tariff likely to increase once again

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Friday concluded public hearing into fuel cost adjustment (FCA) of all power distribution companies (DISCOs) for March. The hearing was presided over the NEPRA Authority comprising Chairman Waseem Mukhtar, Member Khyber Pakhtunkhwa Engr Maqsood Khan, Member Balochistan Mathar Niaz Rana, Member Sindh Rafique Ahmad Shaikh and Member … Read more

Massive decrease in electricity bills announced

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Electricity prices reduced by Rs. 1.23 per unit

The Federal Minister for Energy, Sardar Awais Khan Leghari, has announced a substantial reduction in electricity bills for April, offering relief to consumers nationwide. The minister disclosed a decrease of Rs 3.82 per unit on electricity bills for the month. This reduction is credited to adjustments in both quarterly assessments and fuel prices. Explaining the … Read more

NEPRA seeks to raise Rs967 billion more from electricity customers

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NEPRA electricity charges

NEPRA announced it would review requests from electricity distribution companies (DISCOs) for a substantial revenue increase totaling Rs967 billion from consumers. The decision responds to financial strains outlined by six DISCOs for the upcoming fiscal year. GEPCO tops the list with a request for Rs376 billion, followed by MEPCO at Rs160 billion. FESCO seeks Rs236 … Read more

Senate Committee strongly protests soaring energy bills

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Senate Committee protests

Members of the Senate committee also erupted over the high electricity and gas bills, as Bol News reported on Thursday. In the meeting of the Senate Standing Committee on Finance, the members strongly protested against the increase in electricity and gas prices. Senator Sadia Abbasi said that despite the installation of solar panels, bills are … Read more

Nepra announces increase of Rs 4.56 in electricity prices

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NEPRA approves decline in K-Electric tariffs

The National Electric Power Regulatory Authority (Nepra) has announced an immediate increase of Rs 4.56 per unit in electricity prices, citing the December fuel adjustment. This adjustment, effective immediately, is set to burden consumers with an additional Rs40 billion in the upcoming month. This escalation in tariffs continues a recent trend, with electricity prices surging … Read more

NEPRA raises electricity prices by 4.12 rupees per unit

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NEPRA electricity prices

The National Electric Power Regularity Authority (NEPRA) has once again increased electricity prices by 4 rupees and 12 paise per unit for one month. The electricity prices have increased due to the November fuel price adjustment; however, the NEPRA has also issued a notification for the increase in electricity prices. According to the notification, the … Read more

NEPRA approves increase in electricity price

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NEPRA electricity charges

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved to increase in the cost of electricity for Karachi by Rs 2.87 per unit.

This approval of increase has been given for quarterly adjustment from January to March 2023 and NEPRA has sent the decision of increase to the federal government. This increase in terms of quarterly adjustment has been made at the request of K Electric.

At the request of the federal government, the quarterly adjustment has already been increased by Rs 1.25. Sources said that the increase on the request of the federal government will be applied to K-Electric consumers, under the uniform tariff policy Karachi consumers will pay only Rs1.25 per unit.

Sources said that the federal government will give a subsidy if the price increases by more than Rs1.25 per unit.

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NEPRA announces increase of tariff by Rs1.15 per unit

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NEPRA announces increase of tariff by Rs1.15 per unit

ISLAMABAD: In another unsettling development for the already burdened electricity consumers, the National Electric Power Regulatory Authority (NEPRA) has officially announced an increase of Rs1.15 per unit in the electricity tariff. As per the notification released by the regulatory authority, NEPRA has sanctioned the tariff hike in light of the monthly fuel adjustment for the … Read more

Inquiry Committee formed to probe DISCOs overbilling scandal

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DISCOs
  • Power Division issued notification for formation of committee.
  • Former Secretary of Power Division Irfan Ali will head committee.
  • Committee will review NEPRA report based on DISCOs and PITC data.

ISLAMABAD:  The power division constituted a four-member inquiry committee to probe the controversial power theft drive of the power distribution companies (DISCOs) defrauding of billions of rupees through overbilling.

The notification for the formation of the committee has been issued by the Power Division.

According to the notification, former Secretary of Power Division Irfan Ali will head the committee. Terms of Reference (TORs) of the committee were also issued by the Power Division.

The committee will review the National Electric Power Regulatory Authority(NEPRA) report based on DISCOS and PITC data. The sampling procedure for the NEPRA investigation will also be reviewed, and the issue of billing to electricity consumers for more than one month, the officers of the electricity companies and NEPRA’s investigation team will also be questioned.

The committee will formulate its recommendations within 15 days.

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NEPRA increases electricity prices by Rs 3.5 per unit

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NEPRA

NEPRA issued notification regarding increase in electricity price. Electricity price increase will be charged in December electricity bills. The electricity tariff hike has sparked concerns among consumers. ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the cost of electricity by Rs 3.5 per unit. NEPRA has issued a notification regarding the increase in … Read more

NEPRA approves surcharge of Rs 1.52 for K-Electric users

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NEPRA approves decline in K-Electric tariffs
  • NEPRA approved imposition of an additional surcharge.
  • Additional surcharge on KE users will be applied from Dec 2023.
  • Additional surcharge will cost KE consumers more than 24.50 billion.

KARACHI: The National Electric Power Regulatory Authority (NEPRA) has approved a hike of Rs 1.52 per kWh surcharge for K-Electric (KE) consumers.

According to the statement of NEPRA, at the request of the federal government, NEPRA approved the imposition of an additional surcharge.

NEPRA’s statement said that the additional surcharge on K-Electric customers will be applied from December 2023 to November 2024. The additional surcharge will cost K-Electric users more than 24.50 billion.

NEPRA has submitted the decision to the federal government after approval.

Sources said that the federal government will issue a final notification on the imposition of surcharge, the increase will not apply to Lifeline customers of K-Electric.

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Electricity price likely to hike across Pakistan

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New electricity tariffs after PM announces reduction in electricity

 

ISLAMABAD: Electricity is likely to be expensive across the country, including Karachi, in view of the first quarter adjustment of the current financial year.

DISCOs have requested to transfer additional load of Rs 22.56 billion to consumers. The July-September adjustment will also be applicable to K-Electric consumers.

National Electric Power Regulatory Authority (NEPRA) has issued a revision notice for the first quarter adjustment of the current financial year, which states that the adjustment tariff for July to September will be kept uniform as per the government guidelines.

As per NEPRA notification, application for quarterly adjustment for July to September 2023 has been filed in NEPRA. NEPRA will hear the first quarter adjustment application on November 14.

Electricity distribution companies have sought permission to collect Rs 12.126 billion in terms of capacity charges while a request has been made to collect Rs 10.247 billion under use of system charges.

It has also been requested to receive Rs 4.680 billion for operation and maintenance and Rs 6.670 billion  for damages.

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NEPRA increases price of electricity for consumers

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NEPRA
  • The cost of electricity for consumers hike by Rs 40 paise per unit.
  • The decision will not apply to Lifeline and K-Electric customers.
  • Earlier, OGRA issued a notification to increase gas prices.

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the cost of electricity for the consumers and notification has also been issued.

According to the notification, the cost of electricity for consumers has been increased by Rs 40 paise per unit.

NEPRA’s notification said that electricity was hiked due to the September fuel adjustment and additional charges from electricity consumers will be made in November bills.

According to the notification, the decision will not apply to Lifeline and K-Electric customers.

It should be noted that Oil and Gas Regulatory Authority (OGRA) issued a notification to increase gas prices.

According to OGRA, the price has not been increased for protected consumers of gas between 25 and 90 cubic meters per month, however the fixed charges for protected consumers have been increased from Rs.10 to Rs.400.

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IMF demands end of budget subsidy for tube well users

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IMF
  • IMF has asked to introduce solarization system for agricultural sector.
  • Around Rs. 90 billion will be spent on solarization scheme for tube wells.
  • The federal, provinces and tube well consumers will share 30 billion each.

ISLAMABAD: The International Monetary Fund (IMF) has demanded an end to budget subsidies for tube well users.

According to sources, officials of the Ministry of Energy and the Ministry of Finance met in technical level talks with the IMF mission during which discussions were held on starting the Tube Well Solarization Scheme in the current financial year.

Sources say that the IMF has asked to introduce a solarization system for the agricultural sector of Pakistan and demanded to end the budget subsidy for tube well users.

“Around Rs. 90 billion will be spent on the solarization scheme for tube wells,” sources said.

“Proposals with regard to the solarization scheme can be presented to the federal cabinet next month,” sources said. ” Rs. 90 billion will be shared by the federal government, the province and consumer equally,” according to sources.

The federal government, province and tube well consumers will share 30 billion rupees each.

Sources said that due to the implementation of the scheme, it has also been asked not to give subsidy to tube wells users in the budget of the next fiscal year.

According to the sources, IMF was told in the meeting that National Electric Power Regulatory Authority (NEPRA) is making timely notification of quarterly adjustments and fuel price adjustments for cost-recognising tariff improvement.

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Power rate likely to go up by Rs0.55

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Power rate

Power consumers in Pakistan might soon experience an increase in their electricity bills, as the cost per unit is expected to rise by Rs0.55. This development stems from a request for an increase in the monthly fuel price adjustment, which was filed by the Central Power Purchasing Agency (CPPA) on behalf of government-owned Distribution Companies … Read more

NEPRA increases price of electricity by Rs 1.71 per unit

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NEPRA decreases electricity tariffs
  • NEPRA issued a notification to increase price of electricity.
  • The increase made in form of August monthly fuel adjustment.
  • The hike will not apply to Lifeline and K-Electric customers.

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the price of electricity by Rs 1. 71 per unit in the context of Fuel Charges Adjustment (FCA).

NEPRA has issued a notification to increase the price of electricity in the context of fuel charges adjustment.

According to the notification, the increase was made in the context of the August monthly fuel adjustment. The increase in electricity price will be applied to the October bills.

The notification states that the hike will not apply to Lifeline and K-Electric customers.

According to the sources, the fuel price adjustment of August will have an additional burden of 31 billion rupees on the consumers.

Earlier, The NEPRA approved a hike in the power tariff by Rs 3.28 per unit on account of Fuel Charges Adjustment (FCA) from October 2023 to March 2024.

The approved tariff hike will be shown separately on consumers’ bills and the effects of this increase will be reflected in the bills for Oct 2023.

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Federal Govt approves hike in electricity price 

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Electricity prices reduced by Rs. 1.23 per unit

NEPRA approved electricity price by Rs 3. 28 per unit. NEPRA issued notification to raise price of electricity. The increase in quarterly adjustment would apply to customers. ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) issued its decision to increase the price of electricity after approval from the federal government. NEPRA had approved to increase … Read more

Crackdown against power thefts continues

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HESCO crackdown

Operations are underway in Sindh. 339 cases have been lodged against power thefts. 216 transformers removed so far in city. Hyderabad Electric Supply Company (HESCO) operations against electricity thieves and defaulters are ongoing in the Sindh province. The spokesperson for HESCO said that during the crackdowns, letters were written to the concerned police stations against … Read more

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