The National Electric Power Regulatory Authority (NEPRA) has increased the electricity price for Karachi by Rs3.03 per unit as part of the monthly fuel price adjustment for July 2024.
According to the official notification issued by NEPRA, the additional charges will be recovered from consumers in their December 2024 bills.
K-Electric had initially requested a rate increase of Rs3.09 per unit in the monthly adjustment for July, citing rising fuel costs. After reviewing the proposal, NEPRA approved an increase of Rs3.03 per unit for electricity consumers in Karachi.
Just a couple of days ago, NEPRA had announced a reduction of Rs0.86 per unit in electricity prices as part of the monthly fuel adjustment for August.
Also Read: Electricity prices drop by Rs0.86 per unit in monthly fuel adjustment
The notification was meant to benefit consumers with lower bills in October. According to the NEPRA announcement, customers who had already received their bills would see the reduction reflected in their November bills.
The price decrease would apply to all customers of distribution companies (DISCOs), excluding lifeline users, prepaid consumers, and electric vehicle charging stations. The relief was not extended to K-Electric customers also.
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