ISLAMABAD (PEN) : The National Electric Power Regulatory Authority (NEPRA) is expected to approve a reduction of Rs2 per unit in the power tariff for January 2025 as part of the fuel cost adjustment (FCA).
This adjustment comes after the Central Power Purchasing Agency Guarantee Limited (CPPA-G) submitted a petition requesting the tariff cut, proposing a refund of Rs2.32 per unit to consumers. The request reflects the difference between the reference fuel charges and the actual cost of electricity for January 2025.
The petition highlighted that more than 7.8 billion units of electricity were produced in January, with the reference fuel charges set at Rs13.1 per unit. However, the actual cost of generation stood at Rs10.78 per unit, creating a difference that CPPA-G seeks to return to consumers through their bills.
A public hearing to discuss the proposed reduction is scheduled for February 27, where NEPRA will decide whether to approve the change.
In January, the energy mix included 10.63% of electricity generated from hydel power, 15.56% from local coal, 8.53% from imported coal, 1.53% from furnace oil, 13.11% from local gas, 18.92% from imported LNG, and 26.61% from nuclear power. This FCA relief would provide some relief to consumers, as the cost of electricity generation fluctuates based on the fuel used.