Business
KE seeks hike in electricity tariff by Rs11.39 per unit
The price hike will place an additional burden of Rs22.254 billion on consumers.
Karachi: K-Electric (KE) submitted a request to the National Electric Power Regulatory Authority (NEPRA) asking for another price increase of Rs11.39 per unit under fuel adjustment charges.
According to officials, the price hike will be made in accordance with the monthly fuel costs adjustment (FCA) for June 2022.
The increase in power tariff will pass on an additional financial impact of Rs22.254 billion to consumers.
The national power regulator will take up the KE’s plea for a hearing on July 28, 2022.
Prior to this, the federal government’s petition for a Rs 7.91 per unit increase in the basic power rate was heard by the National Electric Power Regulatory Authority (NEPRA).
After the hearing, the electric power regulator will make a decision and notify the government of that conclusion.