Over Rs51 billion in relief is anticipated for electricity users.
A significant bundle of relief for energy users is on the horizon, as the National Electric Power Regulatory Authority (NEPRA) has received a request for a decrease of Rs. 51.49 billion.
The request was submitted by power distribution firms under the third quarter adjustment. On April 29, NEPRA will hold a hearing on the issue.
The application claims that a reduction in capacity payments will give customers a relief of Rs. 47.12 billion. Additionally, Rs. 2.04 billion will be benefited from increased transmission and distribution efficiency.
The proposed relief also includes Rs1.80 billion from reduced use-of-system charges and marketing fees, while consumers will gain Rs. 170 million from fixed cost recovery adjustments.
Earlier, in the second quarter of the current fiscal year, consumers received a relief of Rs. 56.38 billion, resulting in a reduction of Rs. 1.90 per unit of electricity.
Additionally, under the March fuel adjustment costs, a second proposal has been made to lower power prices by Rs. 0.03 per unit. During its hearing on April 29, NEPRA will examine both ideas.
