Electricity Rates In Karachi May Rise By Rs18.86 Per Unit

Karachi Electric (KE) has submitted an application to the National Electric Power Regulatory Authority (Nepra) to adjust power tariffs based on fuel costs.

The application seeks a Rs18.86 per unit increase in tariffs for seven months, along with a suggested decrease of 29 paisas per unit for two months.Nepra will review the application and make a decision after hearing arguments.

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In a recent announcement, Nepra raised power tariffs by Rs2.83 per unit for May 2024 bills.

This decision will add Rs26 billion to consumers’ burdens, but it will not affect K-Electric customers or lifeline consumers.

The Karachi Electric’s application to Nepra aims to reflect changes in fuel costs, a common practice in regulating electricity tariffs.