Business

Electricity prices reduced for Karachi consumers

PKR 1.23 per kWh relief to be adjusted in February bills

Electricity prices reduced for Karachi consumers
five electric meters on wall
Photo by ABDURREHMAN on Unsplash

Pakistan’s electric power regulator has notified reduction in energy prices for consumers of Karachi.

The National Electric Power Regulatory Authority (NEPRA) has announced a relief of PKR 1.23 per kWh under fuel cost adjustment.

This will be passed on to customers in their February 2025 bills.

Fuel charge adjustments are incurred by utilities due to global variations in fuel prices used to generate electricity and the changes in generation mix. These costs are reflected in customer bills following NEPRA’s scrutiny and approval.

Customers also benefit from negative FCA in their bills when global fuel prices decrease. Rates charged to customer bills are determined by NEPRA and notified by the Federal Government.

As per the regulatory authority’s decision, the FCA shall be applicable to all consumer categories except Electric Vehicle Charging Stations (EVCS), lifeline consumers, prepaid metering consumers, domestic consumers consuming up to 300 units, and agricultural consumers.

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