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Okay-Electrical seeks over Rs11 per unit tariff hike for June

Okay-Electrical seeks a hike of Rs11.39 per unit in tariff for June. — KE web site/File

KARACHI: Okay-Electrical, the only real energy distribution firm in Karachi, on Thursday, submitted a request to the Nationwide Electrical Energy Regulatory Authority (Nepra), looking for a hike in tariff beneath Gasoline Cost Changes (FCA).

The Karachi-based energy utility has requested a rise of Rs11.39 per unit on account of the FCA for the month of June.

Nepra has fastened July 28 because the date to listen to Okay-Electrical’s request.

NEPRA permits KE to take away energy subsidies

On June 19, Nepra allowed Okay-Electrical to extend the variety of unprotected shoppers, take away energy subsidies given to exporting industries, cost business peak hours and to get well Could gas adjustment in July and August.

Talking in regards to the modifications, KE spokesperson stated: “We perceive that our shoppers might have a lot of questions on these revisions. To help them throughout this time, we now have up to date our web site with often requested questions.”

To reiterate, these modifications had been launched beneath the governing legal guidelines of the federal government of Pakistan and the principles of the regulatory authority Nepra and are relevant throughout the nation, he added.

Numerous modifications have been made to the charges of electrical energy and tariff construction that may be efficient from July and relevant nationwide, together with on shoppers in Okay-Electrical’s service territory.

These modifications embrace the non-extension of aid for zero-rated industries in addition to the aid on peak-hour electrical energy consumption for industrial shoppers, a press release issued by the KE stated.

Nepra has additionally allowed retailer tax with revised slabs for business shoppers.

“As per SRO 1004 dated July 7, 2022, the tariff charges and slab construction for tariff of unprotected non-ToU residential shoppers (i.e. shoppers with sanctioned load beneath 5kW) has modified,” it stated.

“Protected” shoppers are, as per tariff phrases proposed by the federal government beneath its energy subsidy rationalisation plan and by NEPRA,  these non-ToU residential shoppers with month-to-month electrical energy utilization of 200 models or much less, persistently for the previous 6 months.

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