Nepra moved for hike in K-Electric tariff again

On Monday, the Energy Ministry reached out to the National Electric Power Regulatory Authority (Nepra) with a request to increase the quarterly tariff adjustments (QTAs) for K-Electric consumers by Rs10.32. 

The ministry’s request is made under sections 7 and 31 of the Nepra Act, 1997, in conjunction with rule 17 of Nepra Tariff (Standards and Procedure) Rules, 1998.

In its communication to the power regulator, the ministry has asked for a quarterly adjustment increase of Rs.0.4689 per kilowatt-hour (kWh) for the second quarter of FY 2022-23, which would affect KE consumers. This request is aimed at maintaining uniform tariff rates across the country.

If approved, this request would result in KE consumers being charged Rs10.32 per unit, which would be collected in three separate quarterly adjustments throughout 2022-2023.

The increase of Re0.47 per unit would be applied in the quarterly adjustment for October to December 2022. The recovery of Rs4.45 per unit would be addressed in the quarterly adjustment for July to September 2022.

Lastly, the quarterly adjustment for April to June 2023 is proposed to be increased by Rs5.40 per unit. These charges, as per the ministry’s request, would be collected in September and October 2023.

The ministry has requested the issuance of separate Schedules of Tariffs (SoT) for KE with the prospective application of uniform rates, following tariff rationalization. This request is detailed in a notice of hearing issued by Nepra.

The adjustment is proposed to apply to power consumption in April, May, and June 2023, with recovery from consumers scheduled for September, October, and November of the same year.

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