Last Updated on: 23rd August 2024, 03:59 pm
Karachi residents are facing tough times as electricity prices are expected to increase by Rs 5.75 per unit in the upcoming October and November months. The National Electric Power Regulatory Authority (NEPRA) has issued a notification confirming the increase which will impact K-Electric consumers.
The electricity price will rise for K-Electric consumers by 5.75 Rs per unit in October and November bills
The NEPRA new update reveals that electricity prices per unit will increase in the coming months which will result in Karachi residents having to face higher charges on their upcoming electricity bills. This announcement comes at a time when people are already struggling with rising electricity costs.
What’s the reason for increasing the per-unit electricity price
The hike in tariffs is a result of rising electricity prices in May and June 2024. NEPRA has revised the electricity prices and added Rs 3.16 per unit for June and Rs 2.59 per unit for May. As a result, K-Electric consumers will see this combined increase of Rs 5.75 per unit in their October and November bills.
Also Read: Nawaz Announces Rs 14 Relief in Electricity Bills for August and September
Who will not be affected by these rates
NEPRA clarified that this increase will apply to all customers except lifeline and electric vehicle charging station (EVCS) users. This additional cost will be separately shown on each bill to show transparent cost adjustment.
How this rate hike will impact residents of Karachi
Karachi residents will now have to brace themselves for higher electricity bills as these new tariffs come into effect. With the cost of living already high, this increase further adds financial pressure on the city’s population.