KARACHI: K-Electric, the utility company, has filed a petition to provide relief to its consumers in the electricity bill for the month of November 2022.
A statement on Monday said that the company for the month of November 2022, it filed a petition for a reduction in Fuel Charges Adjustment (FCA) at the rate of PKR 7.04 /kwh (per unit).
NEPRA will conduct a public hearing today over the petition submitted by K-Electric on account of Fuel Charges Adjustments (FCA) for November 2022.
November’s FCA was lower primarily due to a reduction in prices of RLNG, Furnace Oil, and power purchased from CPPA-G by 18 per cent, 15 per cent, and 37 per cent respectively as compared to September 2022.
FCAs are dependent on changes in global prices of fuel and are passed on to consumer bills under the prescribed rules and regulations of NEPRA and the Government of Pakistan.
FCAs are approved by NEPRA after review who also specifies the month during which the charge is applied in consumer bills.