K-Electric power rates hiked up

KARACHI: K-Electric consumers are bracing for yet another jolt in their electricity bills following the approval from the National Electric Power Regulatory Authority (NEPRA) for an increase in power rates, set to surge up to Rs10.01 per unit.

According to the notification issued by NEPRA, the electricity tariff was hiked on account of monthly fuel charge adjustments (FCA) for July 2023 to March 2024.

NEPRA increases electricity prices by Rs3.3 per unit

The notification further said, additional charges will be collected from consumers in Karachi from June to September 2024.

The K-Electric power consumers have to pay additional Rs2.68/unit in June, Rs3.11/unit in July, Rs3.22/unit in August and Rs1/unit in September.

However, according to the notification, the increased tariff will not apply to Electric Vehicle Charging Stations (EVCS) and lifeline consumers. Earlier, the National Electric Power Regulatory Authority (NEPRA) approved an increase of Rs3.3 per unit in the power tariff for the consumers of power distribution companies (DISCOs) except