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Saturday, July 20, 2024  
13 Muharram 1446  

Karachi tariff hike: How quarterly adjustment to affect consumers in different slabs

Karachi based consumers will pay future K-Electric bills based on the consumption of February 2023 and March 2023
Photo - AFP
Photo - AFP

The residents of Karachi will now have to bear the burden of an additional Rs4.45 per unit on their electricity bills for upcoming months as per new notification released by National Electric Power Regulatory Authority (NEPRA).

NEPRA has given approval to increase the K-Electric’s tariff as the first quarter adjustment of the previous financial year.

According to the notification, the first quarterly adjustment of FY 2022-23 ranging from Rs.1.4874 to Rs.4.4547/kWh for different consumer categories, except life line consumers.

Karachi based consumers will pay K-Electric bills in months of October and November 2023, based on the consumption of February 2023 and March 2023 respectively.

As per new slab, residential consumers from first 100 units (Kwh) to 300 units per month would be required to pay an additional charge of Rs1.49 per unit in addition to Rs3.28 that will also remain in place until March 2024.

Meanwhile, the consumers using 301 to 700 units and above would have to bear additional burden of Rs3.21 per unit in the coming two months.

On the other hand, consumer in categories like industrial and commercial would have to pay an additional cost of Rs4.46, on top of Rs3.28 per unit six-month charge.

Residents of Karachi, who are already dealing with various economic challenges such power tariff to put additional pressure on their cost of living.

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