The power tariff is likely to decrease by Rs 4.95 per unit, in major relief for Karachi’s electricity consumers.
As per details, K-Electric submitted a request to the National Electric Power Regulatory Authority (NEPRA) seeking a reduction in electricity prices.
NEPRA is set to hold a hearing on K-Electric’s request, pertaining to the monthly fuel adjustment for December. If approved, the reduction in power tariff will provide a relief of Rs 4.94 billion to consumers.
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.