Islamabad:
Electricity consumers in Karachi should benefit from relief because K-Electric (KE) requested a reduction in RS4.95 per unit of power prices for December 2024 due to the adjustment of fuel charges.
The National Electric Power Regulatory Authority (NEPRA) provided for a public hearing on February 26 to examine KE’s request for an adjustment of negative fuel loads (FCA), according to industry sources.
According to the KE petition, the adjustment is based on the provisional reference rate of March 2023, resulting in a total reduction of 4.94 billion rupees of fuel costs.
In addition to the adjustment of the FCA, KE asked the NEPRA to consider an additional adjustment of 5 billion rupees for fuel costs incurred from July to December 2024.
The public service maintains that the amount is pending due to the partial load, the open cycle, degradation curves and start -up costs. He urged authority to allow adaptation to prevent a future burden for consumers.
Depending on the details, the Nepra has supervised three key questions for the deliberation during the hearing, especially if the FCA requested is justified and if Ke followed the order of merit while giving an expedition to its power plants as well as to electricity purchases from external sources.
It will also deliberate if KE’s request to consider adjusting the accumulated updating of the cost of fuel due to the partial load, the open cycle and the degradation curves as well as the start -up cost from July to December 2024, Negative variation in fuel costs is justified.
