The National Electric Power Regulatory Authority (NEPRA) has approved a uniform tariff adjustment of Rs1.96 per unit for the first quarter of FY2024-25.
The adjustment, aimed at recovering Rs1.187 billion, will be billed in December 2024.
This decision follows a public hearing held on November 20, 2024, attended by representatives from the Ministry of Energy, Power Division, CPPA-G, K-Electric, Discos, and other stakeholders.
It was clarified during the hearing that the current fourth quarterly adjustment of Rs1.74 per unit for FY2023-24 will expire in November 2024, resulting in a net impact of Paisa 22 per unit for consumers.
Some commentators, including Aamir Sheikh, suggested deferring the adjustment to January 2025 to ease the burden on consumers, but no changes to the timeline were announced.
Commentator Arif Bilwani raised concerns over declining demand across Discos, urging Nepra to investigate the reasons behind reduced sales and address load-shedding practices.
Meanwhile, CPPA-G sought approval of Rs1.007 billion for legal charges related to the Market Operator Fee (MOF) adjustment for FY2024-25.
NEPRA, consistent with past practices, excluded adjustments related to legal fees while calculating the quarterly adjustment. The approved tariff adjustment will be implemented for one month only, affecting electricity bills issued in December 2024.
This adjustment adds to the ongoing deliberations around power sector reforms and the financial challenges faced by distribution companies and consumers alike.
