The National Electric Power Regulatory Authority (NEPRA) has announced an increase in electricity prices for Karachi, raising rates by Rs3.03 per unit as part of the monthly fuel price adjustment for July 2024.
This adjustment will reflect in consumers' bills for December 2024, according to the official notification.
K-Electric had initially proposed a rate hike of Rs3.09 per unit, citing escalating fuel costs. After reviewing the proposal, NEPRA settled on a slightly lower increase of Rs3.03 per unit for Karachi's electricity consumers.
In a recent development, NEPRA had previously announced a reduction of Rs0.86 per unit in electricity prices for August. This price drop was intended to benefit consumers with lower bills in October, and those who received their bills early were informed that the adjustment would be seen in their November bills.
However, it's important to note that the price reduction applied to all customers of distribution companies (DISCOs), excluding lifeline users, prepaid consumers, and electric vehicle charging stations. Unfortunately, K-Electric customers did not benefit from this relief.
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