KARACHI: The National Electric Power Regulatory Authority (NEPRA) approved a rise in power tariff for citizens of Karachi on Tuesday, placing an additional financial burden on K-Electric consumers.
Following the KE’s request to increase the price to Rs 0.51 per unit, NEPRA has approved Rs 0.40 per unit hike under the monthly fuel cost adjustment for August 2024, which has led to widespread concerns among residents already grappling with high utility costs.
NEPRA issued an official notification detailing that K-Electric will recover the increased charges from customers in their January 2025 bills. Although K-Electric initially sought a Rs 0.51 per unit increase, the regulatory authority approved a lower adjustment of Rs 0.40 per unit.
The increase has drawn criticism, with residents expressing frustration over repeated hikes in electricity tariffs, which add to the financial strain amid rising living costs.
A day earlier, it was reported that K-Electric consumers are likely to face a surge in their monthly electricity bills as the company announced an adjustment of Rs 2.17 per unit for November.
This adjustment of Rs 2.17 will be an addition to the existing rate of Rs 3.17 per unit, making a total price of Rs 4.91 per unit.
Meanwhile, the power utility also announced a quarterly adjustment of Rs 1.74 per unit, which will be charged separately.
The quarterly adjustment is part of the tariff adjustment mechanics and proposes to pass on the fuel price variation to the power consumers.
