The government has welcomed Nepra’s decision to reduce K-Electric’s tariff, calling it a timely move to ease the burden on taxpayers and make power more affordable for Karachi residents. The announcement came after Nepra finalized its multi-year tariff adjustments, lowering power charges for both residential and commercial consumers.
According to officials, the K-Electric tariff cut will not only provide relief to the public but also lessen the financial strain on the national exchequer. The government said the new rates reflect efforts to balance consumer protection with financial sustainability in the power sector.
A spokesperson for the Ministry of Energy said that the government had long been concerned about rising electricity costs and their impact on households. “This revision is a step in the right direction. It reduces pressure on the subsidy system and allows savings to be redirected toward other public projects,” the spokesperson said.
The Nepra tariff revision follows months of consultation between the regulator and K-Electric. The review took into account fuel cost adjustments, inflationary trends, and operational efficiency improvements. Officials added that the new rates are expected to come into effect soon after formal notification.
Earlier this month, K-Electric’s CEO Moonis Alvi responded to Nepra’s multi-year tariff plan, emphasizing that the company remains committed to long-term investment and service improvement despite reduced tariffs. He stated that K-Electric is working on system upgrades to ensure a reliable and sustainable power supply for the city.
Analysts say the Nepra tariff cut signals a broader shift in Pakistan’s energy pricing strategy, where regulators are trying to strike a balance between affordability and the financial health of utilities. Experts believe the move will likely set a precedent for future tariff reviews across other distribution companies.
The government reaffirmed its support for regulatory reforms that help ensure transparency and fairness in the energy sector. As the K-Electric tariff drops, consumers in Karachi are hopeful that the change will finally bring some economic relief amid high living costs and inflation.
