K-Electric (KE) has submitted another request to the National Electric Power Regulatory Authority (NEPRA), proposing a reduction in electricity rates by Rs4.84 per unit. This move comes as a potential relief for Karachi’s power consumers.
The proposed reduction is a result of KE’s earlier higher electricity charges levied in January 2025. The company, through the monthly Fuel Charges Adjustment (FCA) mechanism, aims to refund an estimated Rs4.84 billion to its customers.
NEPRA has scheduled a public hearing on March 20 to deliberate on KE’s request for a provisional negative FCA, which could lead to the official approval of the tariff cut.
Previously, KE had also sought a Rs4.94 per unit reduction in tariffs for December 2024, reflecting a consistent effort to lower electricity costs.
This proposed tariff cut aligns with the broader goal set by Prime Minister Shehbaz Sharif, who in February announced his commitment to bringing down electricity prices for both domestic and industrial consumers. He highlighted the ongoing reforms within the energy sector and expressed satisfaction with the positive impact they are having.
In a recent meeting in Islamabad, the Prime Minister underlined his determination to ensure affordable and reliable power supply to the public.
He mentioned that renegotiating agreements with Independent Power Producers (IPPs) has been a key factor in reducing electricity costs, benefiting both the consumers and the national treasury.
PM Shehbaz also stressed the importance of intensifying the campaign against power theft to minimise losses faced by distribution companies across the country, reaffirming the government’s commitment to addressing the challenges in the energy sector.
