A public hearing was completed at NEPRA headquarters regarding a significant reduction in electricity rates for Karachi’s power consumers.
According to the available details, K-Electric submitted a request for a reduction of Rs. 6.62 per unit under the Fuel Charges Adjustment (FCA).
The request also included approval of K-Electric’s fuel cost from July 2023 to February 2025. K-Electric officials stated that a fuel cost adjustment of Rs. 13.9 billion is still pending.
NEPRA member Rafiq Ahmed Sheikh noted that negative FCA charges have been applied since November, and consumers were supposed to receive relief. However, K-Electric brought up old adjustments during this period of relief.
A K-Electric consumer highlighted that the full benefit of the negative FCA is once again not being passed on to the consumers. Rafiq Ahmed Sheikh further stated that if K-Electric fails to replace faulty meters, the company would suffer losses itself.
If the request is approved as it is, consumers will receive relief worth Rs. 6.6 billion. However, the reduction will apply to all K-Electric consumers except lifeline users, protected consumers, prepaid users, and electric vehicle charging stations.
NEPRA will issue its detailed decision after verifying the submitted data.
