Regulator orders K-Electric to reduce tariff by Rs1.17

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has determined about Rs1.172 per unit (kWh) reduction in power rates for consumers of K-Electric under its profit clawback mechanism.

“The decrease in consumer class-wise tariff, on account of clawback of profits for financial year 2014-15, except for the lifeline consumers, based on actual units sold from Jan 1, 2016 to Dec 31, 2016 (ie 13,683.77GWh based on authority’s approved target of T&D losses) works out to minus Rs1.1720/kWh, for each of the four quarters from Jan 1, 2016 to Dec 31, 2016, which is hereby approved,” said the four-member regulator in its unanimous determination.

Published in Dawn, 28th July, 2018