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KE seeks partial fuel cost benefit to consumers

14 12
friday

ISLAMABAD: K-Electric has requested the National Electric Power Regulatory Authority (Nepra) not to pass on the full impact of a Rs4.69 per unit negative fuel cost adjustment (FCA) benefit to consumers, as it had overcharged them in April.

In a petition, it instead requested retention of approximately Rs800 million in its accounts on the same pattern as the regulator had allowed fuel cost savings worth Rs15.2 billion in past claims. KE reported that its fuel cost came out to be Rs4.69 per unit lower than it had charged consumers in April, resulting in a fiscal impact of Rs7.2bn.

KE........

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