- Reimbursement linked to December 2024 FCA for nightclubs.
- For KE, reimbursements based on the FCA for November 2024.
- The second quarterly adjustment can make a reimbursement of 52 billion rupees.
Islamabad: Electricity consumers can expect a certain relief in their electricity bills next month, because the National Electric Power Regulatory Authority (NEPRA) managed public distribution companies (DISCO) and K-Electric ( Ke) to reimburse RS1.23 per unit in February 2025 Bills, The news reported Thursday.
Officials from the Division of Electricity and Nepra provide for a continuous drop in electricity prices in the coming months, driven by lower payments and fuel cost adjustments, alongside a stable roup .
For discos, the reimbursement is linked to the adjustment of fuel costs (FCA) for December 2024, while for KE, it applies to the FCA for November 2024.
The member of the NEPRA (Price) Mathar Niaz Rana noted in an additional declaration that Ke had initially asked for a negative FCA from RS4.98 per unit for November 2024. However, the NEPRA determined that the real FCA should be negative RS5 .0 per unit (RS7. 21 billion).
The regulator retained 5.44 billion control rupees awaiting RS8.7 billion costs linked to partial load, open cycle operations, degradation curves and start -up costs under Ke myt. Officials debated the question of whether FCA’s full repair should be transmitted to consumers in advance or offset through future determinations.
Refunds will apply to all categories of consumers, with the exception of living line consumers, national users consuming up to 300 units, charging stations for electricity vehicles, prepaid electricity users and consumers agriculturals of all discos. National consumers with meters of time of use (Tou), whatever the consumption levels, will also benefit. If bills of February 2025 are issued before the notification of NEPRA, the reimbursements will be adjusted in the invoices of the following month.
Meanwhile, during a public hearing on Wednesday, the NEPRA reported only the nightclubs, including KE, could be required to reimburse another by more than 52 billion rupees to consumers under the second quarterly adjustment for December 2024 -25 October.
NEPRA officials stressed that the recovery is mainly due to a reduction of 50.66 billion rupees of capacity costs. This drop is awarded to the termination of contracts for five thermal power plants and the suspension of the Neelum-Jhelum hydroelectric project.
Officials also cited a relatively stable exchange rate in rupees as a factor helping to reduce financial pressures. If it is approved, the relief of prices will also extend to KE consumers.
The member of NEPRA Mathar Niaz Rana stressed that a significant drop in interest rates in recent months has still contributed to the reduction in electricity costs. He underlined the need for detailed data submissions to NEPRA for a complete analysis.
The circular debt of the Pakistan energy sector amounted to 2,393 rumbox billions in June 2024, slightly decreasing to 2,384 rumber billions by the end of December 2024, added the manager.