Friday, August 12, 2022

Electricity more expensive for electricity consumers

Nepra has approved the increase in the monthly fuel adjustment and electricity has been increased by 11 rupees 37 paise per unit.

KL had requested Nepra for an increase of Rs 11 38 paise per unit. KElectric officials were of the view that we have received expensive electricity from CPPA in June and the rise in fuel prices has also had an impact.

Nepra said that in June, KElectric violated the permit order for some plants and due to this, an additional burden of Rs 66 crore was imposed on the consumers.

It should be noted that according to the Nepra document, the cost of electricity production has increased by a record 140% in the country during 1 year. In June 2021, the production cost of electricity per unit was Rs 6.74, while in June 2022, the cost of electricity production has increased to Rs 15.84 per unit.

According to Nepra, the cost of generating electricity from coal increased by 150% in one year. In the last 12 months, the cost of producing electricity from furnace oil increased by 152%, while the cost of producing electricity from diesel also increased by 50%.

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