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KARACHI: Residents of the Karachi should brace themselves as K-Electric is set to announce an increase in power tariffs.
The power utility has submitted a request to National Electric Power Regulatory Authority (NEPRA) seeking another hike of Rs4.86 in tariff under fuel adjustment charges.
The power utility has requested an increase of Rs4.52 from January to March 2022 and Rs0.36 for April. The national power regulator will take up the plea for a hearing on June 12, 2022. The increase will be reflected in consumer bills for June 2022.
On May 27, NEPRA notified an increase in power tariff for K-Electric by Rs4.83 per unit under fuel adjustment charges for the month of March against demand in the hike of Rs5.27 per unit.
Earlier this month, NEPRA approved an Rs7.91 increase per unit of electricity, a staggering rise of 47 percent.
According to a notification issued by NEPRA, the government had increased the basic tariff per unit of electricity by Rs7.91. The per-unit price was increased from Rs16.91 to Rs24.82.
NEPRA said that the price hike was made due to an increase in fuel prices and increases in the cost of production. The new rates would be applied from July 2022, it added.
