ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved K-Electric’s (KE) request for an increase in power tariff for Karachi consumers, local media reported.
The price of electricity has been raised by Rs 5.75 per unit under fuel adjustment for May and June. The KE’s consumers will have to pay the charges in the bills for October and November
According to NEPRA’s notification, the price of electricity has been hiked by Rs 2.59 per unit for May’s fuel adjustment and Rs 3.17 per unit for June’s fuel adjustment.
The increase in electricity prices for KE consumers is likely to add a burden of over Rs 10 billion on the residents of Karachi.
The NEPRA heard the request of KE for monthly fuel charge adjustments (FCA) on July 30. The regulatory body issued its decision on KE’s requests for FCA at PKR 2.53 and PKR 2.92 per kWh for May and June 2024 respectively after evaluation.
Earlier on August 8, the NEPRA announced an increase in power tariff by Rs 2.56 per unit. As per the notification issued by NEPRA, the increase comes as part of the monthly fuel adjustment for the month of June, while the customers will see the extra charges reflected in their August bills.
The increase was not applicable to Lifeline consumers of K-Electric
