NEPRA reduces power tariff for Karachi by Rs.4.68 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday approved cutting electricity tariff for Karachi by Rs4.68 per unit for September on account of fuel charge adjustment (FCA).

The decision came just a day after the power regulatory authority had approved hiking the same by Rs12.68 per unit for K-Electric consumers. In the detailed decision released yesterday, Nepra said that negative FCA will not to be passed on to lifeline consumers, residential consumers who consume up-to 300 units and agriculture consumers. Similarly, positive FCA would not be passed on to the life-line consumers and the difference will be adjusted quarterly.

Also read: Nepra jacks up power tariff for Karachi consumers by Rs12.68 per unit

The decision to cut the power tariff by Rs4.68 was taken in a hearing headed by NEPRA Chairman Tauseef H. Farooqi today.

The tariff reduction will provide citizens of Karachi a relief worth Rs7.84 billion.

According to K-Electric officials, the overall tariff has been reduced by 36% this month, adding that the reduction will be applicable to K-Electric consumers only.

Additionally, the officials stated that the consumption of Regassified Liquefied Natural Gas (RLNG) has also been reduced by 30%.