KARACHI: National Electric Power Regulatory Authority (NEPRA) approved K-Electric’s request for hike in electricity tariff for Karachi consumers.

Price of electricity has been increased by Rs 5.75 per unit under fuel adjustment for May and June. KE’s consumers will be charged in bills of October and November According to NEPRA’s notification, price of electricity has been increased by Rs 2.59 per unit for May’s fuel adjustment and Rs 3.17 per unit for June’s fuel adjustment. Increase in electricity prices for KE consumers is expected to add burden of over Rs 10 billion on Karachiites. NEPRA heard KE’s request for provisional monthly fuel charge adjustments on July 30. Regulatory issued its decision on KE’s requests for FCA at Rs 2.53 and Rs 2.92 per kWh for May and June 2024 respectively after scrutiny. Earlier on August 8, NEPRA announced an increase in electricity tariff by Rs 2.56 per unit. As per notification issued by NEPRA, hike comes as part of monthly fuel adjustment for month of June, while consumers will see extra charges reflected in their August bills. Increase was not applicable to Lifeline consumers or K Electric customers.