The National Electric Power Regulatory Authority (NEPRA) has completed a hearing on K-Electric’s request for a reduction of Rs4.95 per unit in electricity tariffs for Karachi consumers under monthly fuel adjustment for December.
The regulatory authority will announce its decision after reviewing the data.
During the hearing, K-Electric officials informed NEPRA that there are arrears of Rs5 billion related to partial load, open cycle, and startup costs. They demanded that this amount be compensated in the current application.
Meanwhile, consumers urged that the full benefit of the fuel adjustment relief should be passed on to the public without any deductions. They also raised concerns about continued load shedding in commercial areas of Karachi and the lack of implementation of the industrial support package in the city.
K-Electric officials provided details on power generation costs, stating that in December, the company generated electricity at Rs18.60 per unit from its own sources. Meanwhile, the Central Power Purchasing Agency (CPPA) supplied power to K-Electric at Rs9.60 per unit, highlighting a significant cost difference.
NEPRA officials acknowledged that K-Electric has challenged the industrial support package in court. However, they assured that a final decision on the Rs 4.95 per unit reduction will be made after thoroughly reviewing the data. If approved, Karachi consumers will receive a relief of Rs5 billion in their electricity bills.
NEPRA’s decision on the matter is expected soon, determining whether Karachi residents will receive the much-needed relief in their electricity bills.
