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Showing posts with label Electricity prices. Show all posts
Showing posts with label Electricity prices. Show all posts

Sunday, September 4, 2022

Notification of upto 300 Units waving Fuel price Adjustment

Notification of upto 300 Units waving Fuel price Adjustment 

Electricity Bill, fuel price adjustment


On the orders of Prime Minister Shehbaz Sharif, consumers using 300 units and less will not be charged fuel adjustment charge in their electricity bills, a notification has been issued. 

On the instructions of the Prime Minister, the payment of new bills has been started, while the last date of bill payment has also been extended.


The notification states that the citizens who have paid the fuel adjustment charge will be deducted from their next month's bills. 

Earlier, the Prime Minister announced at the beginning of this month not to collect fuel adjustment charges from millions of consumers of the country who consume up to 300 units of electricity, but the notification was not issued due to which the citizens had to submit the bills. It should be remembered that 560 billion rupees were collected from electricity consumers in the first 7 months of 2022 in the interest of fuel price adjustment.


نوٹیفیکیشن میں کہا گیا ہے کہ فیول ایڈجسٹمنٹ چارج کی مد میں جو شہری بل ادا کرچکے ہیں، انکی آئندہ ماہ کے بلوں سے مطلوبہ رقم کم کردی جائے گی۔

 THE NOTIFFICATION ISSUED ON 3RD SEPTEMBER  2022 READ AS BELOW:

TO 

    ALL THE DISTRIBUTION COMPANIES & K-ELECTRIC

SUBJECT: IMPLEMENTATION OF PRIME MINISTER DIRECTIONS REGARDING FUEL CHARGES ADJUSTMENT TO BE RECOVERED IN MONTH OF AUGUST 2022 BILLING MONTHLY BY XWDISCOS AND K-ELECTIRC


THE UNDERSIGNED IS HEREBY DIRECTED TO CONVEY THE PM DIRECTIONS CONVEYED VIDE LETTER DATED 3RD SEPTEMBER 2022 REGARDING THE FUEL CHARGES ADJUSTMENT TO BE CHARGED IN THE MONTH OF AUGUST 2022, DISCOS AND KELECTRIC ARE DIRECTED TO IMPLEMENT THE FOLLOWING: 

NON-ToU DOMESTIC NON-PROTECTED CUSTOMERS HAVING 201-300 UNIT CONSUMPTION SHALL NOT PAY ANY FPA IN MONTH OF AUGUST 2022 BILLING MONTH.


KEEPING IN VIEW OF THIS IT IS FURTHER DIRECTED TO :

REVISE THE ALREADY ISSUED BILL, AND ISSUE NEW EXTENDED TIME AND DATE

ISSUE THE CREDIT OF FPA IN SEPTEMBER 2022 BILL IF ALREADY PAID.

Shahbaz Sharif,Fuel price adjustment,ministery of energy,Electricity prices,
300 UNIT NOTIFFICATION 


Saturday, June 18, 2022

Electricity prices Hike by 205% today

 
Electricity, nepra, ECC, finance minister, IMF, unit price, budget, budget relief, subsides, Pakistan, economic crisis, default financial, Sri Lanka ,

The National Electric Power Regulatory Authority (NEPRA) will hear the CPPA's request for an increase of Rs 7.96 per unit on June 27.


The CPPA has requested an increase in the monthly fuel price adjustment for May. In this regard, the petition states that 8.80% electricity was generated from furnace oil in May. Furnace oil generated electricity at Rs 33.67 per unit.


Two days ago, NEPRA had approved an increase of Rs 1.55 per unit in the price of electricity in the case of quarterly adjustment, whereas a day earlier, in the case of quarterly adjustment, the price of electricity had been approved at 42 paisa per unit. 

The government approved the withdrawal of Rs5 per unit electricity subsidy with effect from June that former prime minister Imran Khan had given in February. With the latest approval, electricity prices would cumulatively jump by a whopping Rs12.91 per unit or 108% against March prices benchmark. This will put an additional Rs1.45 trillion burden on the consumers every year. 


The ECC approved the implementation of the Rs7.91 per unit increase in three phases. The first phase of Rs3.50 per unit will take effect from July, the second, also of Rs3.50 per unit, from August and third of nearly Rs1 per unit from the following month, according to the decision. 

The summary will today (Tuesday) be placed before the federal cabinet to seek its ratification for Rs7.91 per unit increase,” Finance Minister Miftah Ismail said 


The ECC took these decisions on the day the IMF, for the first time, gave its reaction to Friday’s budget. In a statement, the IMF found the proposed budget short of expectations.


“Our preliminary estimate is that additional measures will be needed to strengthen the budget and bring it in line with key programme objectives”, IMF Resident Representative to Islamabad, Esther Perez told.