
KARACHI: Due to the fuel charge adjustment (FCA) for February, the National Electric Power Regulatory Authority (NEPRA) has approved an increase in the electricity rate for K-Electric customers of Rs0.56 per unit.
The Karachi electricity utility’s appeal for the FCA and quarterly adjustment was heard by the power regulator.
A thorough conclusion on the subject will be made available later by the NEPRA.
According to the power organization, all consumer groups will be affected by the increase in electricity prices, with the exception of lifeline consumers and home consumers using up to 300 units.
In addition, NEPRA has authorized an Rs. 0.6 decrease in the price of electricity per unit under the monthly fuel adjustment for other consumers.
Previously, power distribution companies were permitted by the National Electric Power Regulatory Authority (NEPRA) to charge their customers an extra fuel cost of Rs3.39 per unit for a period of four months.
While consumers already paid a 43 pence per unit premium, the cost will be imposed from March to June. K-Electric and all other users in the nation will be subject to the increased prices.