ISLAMABAD:
The authorities has sought coverage tips from the ability regulator for transferring the burden of a staggering Rs52 billion to the customers on account of gas prices changes (FCAs) for the months of June and July, 2022.
The National Power Regulatory Authority (Nepra) would calculate this quantity underneath the interval of eight months ranging from the following month to October 23, 2023 in accordance with the restoration charges talked about for XWDISCOs and Okay-Electric.
Moreover, the federal government additionally requested Nepra to problem coverage tips underneath Section 31 of the Regulation, Generation, Transmission, and Distribution of Electric Power Act 1997 for the restoration of FCAs relevant to the customers for the months of August and September 2022.
The federal cupboard, by means of circulation, has already accredited the restoration of Rs52 billion on account of the 2 FCAs.
Nepra had decided FCAs of Rs9.8972 per unit and Rs4.3435 per unit for the months of June and July 2022, respectively.
The quantity of FCAs for each the months was speculated to be charged within the billing months of August and September 2022, respectively, for XWDISCOs.
For the customers of Okay-Electric, the regulator had decided a rise of Rs9.8972 per unit on account of FCA to be charged within the August 2022 billing cycle.
Similarly, the Okay-Electric tariff was elevated by Rs8.0909 per unit on account of FCA for June 2022 — that was speculated to be charged in September 2022.
As the July FCA was adverse Rs4.1171 per unit, the customers had been speculated to pay solely an extra Rs3.9738 per unit as a substitute of Rs8.0909 per unit hike decided by Nepra on account of the June FCA.
The rebasing of uniform tariff decided by Nepra and beneficial by it because the “last tariff’ for publication within the official gazette was notified by the federal authorities to not burden the customers disproportionately in a sequence of Rs3.5 per unit in July 2022 and Rs3.5 per unit in August 2022.
Consumers had been hit by Rs9.8972 per unit of the FCA along with Rs7 per unit of rebasing concurrently within the August billing.
This is a median enhance of Rs16.90 per unit over and above the July charges.
The changes in tariff considerably elevated the electrical energy payments for the months of August and September 2022.
Moreover, the intensive floods due to the abnormally heavy monsoon rains additionally affected customers throughout the nation.
Under this state of affairs, Prime Minister Shehbaz Sharif determined to get well the XWDISCOs and Okay-Electric FCAs relevant to customers in August and September 2022.
Now, after succumbing to the stress from the International Monetary Fund (IMF), the federal government has lastly allowed the Power Division to get well the quantity of FCAs from the customers.
Following the cupboard’s approval, the burden of Rs52 billion on account of FCAs could be transferred to the ability customers.
To prolong the flood reduction to a restricted class of home customers, the federal authorities in giving impact to its financial and social coverage targets, is issuing tips to make changes on account of the variation of gas prices within the accredited tariff of XWDISCOs and Okay-Electric to the extent of restoration as follows: Non-ToU (time-of-use) home (protected) customers having 200 models of consumption would solely pay Rs3.8972 per unit FCA within the August 2022 billing month. The remaining FCA of Rs6 per unit (from the overall of Rs9.8972 per unit) could be recovered subsequently.
Non-ToU home (protected) customers having 300 models of consumption and personal agricultural customers wouldn’t pay any FCA within the August 2022 billing month.
A sum of Rs9.8972 per unit FCA could be recovered subsequently.
Non-ToU home customers having consumed 300 models through the month of July 2022 wouldn’t pay any FCA within the September 2022 billing month.
An quantity of Rs4.343 5 per unit FCA could be recovered subsequently.
Non-ToU home customers of Okay-Electric having 300 models of consumption through the month of July 2022 wouldn’t pay any FCA within the September 2022 billing month.
A complete of Rs3.9738 per unit FCA (after passing on the adverse FCA of 4.l 171 per unit for the month of July 2022 to customers having a consumption of 300 models) could be recovered subsequently.
The coverage tips as accredited by the federal authorities for restoration of FCAs relevant to customers for the months of August and September 2022, underneath Section 31 of the Regulation, Generation, Transmission and Distribution of Electric Power Act, 1997, has been conveyed to Nepra for its consideration.
The federal authorities meant to implement the deferred FCA restoration with impact from March 1, 2023.
It has requested {that a} listening to alternative be offered for detailed submissions together with a session with the technical skilled workforce of the authority previous to the listening to.
Nepra will conduct a public listening to on March 2, 2023.
