Electricity consumers in Karachi could see significant relief in their bills as K-Electric has proposed a reduction of up to Rs4.98 per unit in electricity charges under the November fuel price adjustment.
The power utility has submitted its request to the National Electric Power Regulatory Authority (NEPRA), which will hear the matter on January 15. If the proposal is approved, it is expected to provide a cumulative relief of Rs7.17 billion to the consumers of Karachi.
K-Electric’s request falls under the monthly fuel price adjustment mechanism, which allows electricity tariffs to be adjusted based on fluctuations in fuel costs.
If NEPRA approves the request, Karachi’s electricity consumers could benefit from significantly reduced electricity bills, providing much-needed respite to households and businesses.
The NEPRA authority will review the submission in its scheduled hearing on January 15, 2025.
