K-Electric has filed a petition with the National Electric Power Regulatory Authority (Nepra) requesting a refund of Rs4.69 per unit to consumers in their July electricity bills.
This refund is part of the monthly fuel charge adjustment (FCA) for April 2025, totaling approximately Rs7.173 billion.
Nepra has scheduled a public hearing on Thursday, June 19, to review K-Electric’s petition. The hearing will address whether the FCA request is justified and if the utility adhered to the merit order when generating electricity from its own power plants and purchasing power from external sources.
If approved, the adjustment will apply to all consumer categories, excluding lifeline users, protected domestic users, electric vehicle charging stations, and pre-paid customers.
The FCA for April 2025 is based on the interim tariff established in March 2023. K-Electric’s submission includes detailed calculations and supporting documentation for Nepra’s evaluation and approval.
The petition also noted that following the determination of generation tariffs for its power plants from June 2023 onwards, K-Electric had provided required load, open cycle, degradation curves, and startup costs for regulatory approval.
An adjustment amount of Rs16 billion for the period from July 2023 to April 2025 remains pending. Additionally, heat rate adjustments for the Bin Qasim Power Station III and Korangi Combined Cycle Power Plant, under the previous multi-year tariff, amounting to Rs0.6 billion and Rs0.2 billion, are still awaiting approval.
Of the total amount, Nepra has already set aside Rs15.2 billion in fuel cost adjustments for K-Electric for the months of November 2024 to March 2025. In a previous decision, Nepra also approved a negative FCA of Rs2.98 per unit, amounting to Rs4.045 billion in relief, which will be reflected in June’s electricity bills.
