ISLAMABAD: Having already charged 20 per cent higher fuel cost over last year, the public sector power companies have sought about 70 paise per unit negative fuel price adjustment (FCA) in upcoming bills to refund about Rs8.5 billion overcharged in September.

This will be the third straight month that FCAs remain negative, mainly because of substantial fuel allowances allowed by the National Electric Power Regulatory Authority (Nepra) through a 20pc increase in base tariff effective July 1 to June 30, 2025. Almost 74pc of the total power supply flowed from domestic fuel sources during in September, more than half at zero fuel cost.

Last month, the regulator conducted a public hearing for 57 paise per unit negative FCA adjustment for August consumption but has not been able to notify the tariff cut for almost a month. However, since the FCA is only for one month, the 70 paise relief for September........

© Dawn Business