K-Electric (KE) emphasizes that its recent Supply Tariff petition submitted to the National Electric Power Regulatory Authority (NEPRA) will not affect customer bills. The petition, part of KE’s Multi-Year Tariff for FY 2023-24 to FY 2029-30, addresses various cost components necessary for ensuring reliable electricity supply amid a growing customer base.
Despite the petition, the price of electricity reflected in customers’ monthly bills remains subject to the government’s uniform tariff policy, ensuring consistent charges across customer categories nationwide.
As a vertically integrated utility managing generation, transmission, and distribution, nearly 90 percent of the petitioned costs pertain to sustaining a dependable electricity supply with minimal disruptions. The remaining components are aimed at bolstering cashflows, mitigating operational risks, and encouraging regular bill payments amidst evolving macroeconomic conditions, such as fluctuations in KIBOR rates.
Read: K-Electric to waive old bills for low-usage consumers: Energy minister
Similar processes are undertaken by distribution companies nationwide under their Multi-Year Tariffs, with NEPRA’s last determinations announced in March 2024.
KE’s Multi-Year Tariff petition is presently under NEPRA’s review. The company remains steadfast in its commitment to operational efficiency and enhancement through technological innovation and strategic investments.
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