Islamabad: (Staff Reporter) The National Electric Power Regulatory Authority (Nepra) reduced electricity price by Rs.2.31 per unit on account of fuel cost adjustments (FCAs) for December 2022.
According to the source, Nepra Chairman Tauseef H. Farooqui announced the decision on an application filed by the Central Power Purchasing Authority (CPPA), seeking a decrease of Rs2.20 per unit.
As per details, a representative of the CPPA said 8.960 billion units of electricity were produced in December last. He said the reference cost of electricity was set at Rs9.31 per unit while the cost in the previous month stood at Rs7.11 per unit.
Meanwhile after hearing the application, the Nepra cut the power tariff. The consumers will get a relief of Rs.18.7 billion in bills for January.
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