NEPRA directs power distribution companies to slash their expenses, provide relief to consumers.
ISLAMABAD, 22 May, 2009 (Frontier Star) -- National Electric Power Regulatory Authority (NEPRA) has directed all Power Distribution Companies to cut down their electric power losses and reduce their expenses to provide relief to their consumers besides evolving mechanism to effect recoveries of outstanding dues from private and government consumers. These views were expressed by chairman NEPRA on the occasion of public hearing here Friday. During public hearing process of determination of consumer end tariff for the financial year 2009-10 was reviewed in respect of all distribution companies including Gujranwala Electric Power Company Ltd (GEPCO), Multan Electric Power Company Ltd (MEPCO), Peshawar Electric Supply Company Ltd (PESCO), Islamabad Electric Supply Company Ltd (IESCO), Lahore Electric Supply Company Ltd (LESCO), Quetta Electric Supply Company Ltd (QESCO), and Hyderabad Electric Supply Company. Tariff determination process for the HESCO and Karachi Electric Supply Company was reviewed separately. All the distribution companies sought increase in consumer end tariff. GEPCO demanded average tariff 12 percent, MEPCO 10 percent, PESCO, 8 percent , IESCO, 12 percent, LESCO 10 percent, QESCO 11 percent and HESCO demanded average 19 percent tariff against the tariff determined by NEPRA for the financial year 2008-9. Authority also reviewed the matter of installation of Time of Use (TOU) meters and directed all the distribution companies to complete the process of installation of these meters as early as possible. Introduction of TOU meters will help consumers to benefit from much cheaper off peak hours rates besides reducing the peak demand for distribution companies. Representatives of provincial governments and distribution companies attended the public hearing.
(THROUGH ASIA PULSE)
(THROUGH ASIA PULSE)
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|Publication:||The Frontier Star (Northwest Frontier Province, Pakistan)|
|Date:||May 22, 2009|
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