Electricity consumers in Karachi are likely to benefit from a substantial rate reduction, with expected decreases of up to Rs 6.62 per unit.

This adjustment is part of the monthly fuel price adjustment (FPA) mechanism.

Sources indicate that a request for a reduction in fuel charges for February has been submitted to the National Electric Power Regulatory Authority (NEPRA).

Additionally, NEPRA has completed hearings regarding a nationwide price reduction of Rs1.71 per unit.

A formal decision is expected following a thorough review of the submitted data.

Officials from the Power Division have stated that if this reduction is approved, consumers across the country, including those in Karachi, will see substantial relief in their electricity bills over the next three months.

Experts believe that this potential decision could ease the burden of inflation on consumers, particularly in major urban centers like Karachi, where high electricity bills have become a significant challenge for the public.

The new pricing structure will decrease the national average tariff from Rs45.05 to Rs37.64 per unit.

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