The Federal Government has decided to impose a Rs. 1.52 per unit surcharge on all K-Electric (KE) consumers in order to collect an additional Rs. 25 billion in revenue during the current fiscal year.
It is pertinent to mention that mentioned surcharge will be added on top of the average Rs. 30 per unit uniform national base tariff, a Rs. 2.23 per unit financing cost surcharge and various other taxes and duties alongside monthly and quarterly adjustments.
The National Electric Power Regulatory Authority (NEPRA) will hold a public meeting on the subject as required under the law before issuing a final notification.
It bears mentioning that Rs. 1.52 per unit surcharge would apply for all K-Electric (KE) consumers irrespective of their consumption limit or consumer category and sector. This means the surcharge would be payable even by lifeline consumers with consumption of less than 50 units per month.
The surcharge is being implemented because of over 15 months (between July 2019 and September 2020) of stay orders secured by KE against its Multi-Year Tariff (MYT) approved by the regulator in July 2018.
During this period, the consumers of other DISCOs were paying higher rates approved by the regulator. Therefore, the necessary adjustments were not passed on to the consumers, which resulted in an impact of almost of Rs. 25 billion.
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