The National Electric Power Regulatory Authority (NEPRA) has announced an increase in electricity prices for K-Electric consumers.
The authority has hiked the price of electricity for the residents of Karachi by 40 paisas per unit. This adjustment comes as part of the monthly fuel cost adjustment for August and will be collected in customers' bills starting January 2025.
According to a notification issued by NEPRA, this increase is intended to cover fluctuations in fuel costs experienced by K-Electric. The fuel cost adjustment is a regular procedure aimed at balancing costs in response to changes in fuel prices, ensuring the sustainability of electricity supplies.
Also Read: NEPRA increases electricity price for Karachi
Just last week also, the National Electric Power Regulatory Authority (NEPRA) increased the electricity price for Karachi by Rs3.03 per unit as part of the monthly fuel price adjustment for July 2024.
According to the official notification issued by NEPRA, the additional charges were to be recovered from consumers in their December 2024 bills.
K-Electric had initially requested a rate increase of Rs3.09 per unit in the monthly adjustment for July, citing rising fuel costs. After reviewing the proposal, NEPRA approved an increase of Rs3.03 per unit for electricity consumers in Karachi.
