Karachi power consumers are set to get big relief as the city’s power utility, K-Electric (KE) has filed a petition with the National Electric Power Regulatory Authority (NEPRA) for Rs4.95 per unit power tariff cut.
K-Electric proposed refund comes after the utility charged higher per unit electricity rates in December 2024.
Under the monthly fuel charges adjustment (FCA) for December, the company wants to refund approximately Rs4.94 billion to its power consumers.
The regulator has scheduled a public hearing for February 26 to consider the KE request for a provisional negative FCA.
Earlier this month, prime Minister (PM) Shehbaz Sharif said that electricity tariffs would further be reduced for domestic consumers and industries through reforms in the electricity sector.