NEPRA has announced a significant increase in electricity prices by Rs 2.83 per unit, excluding Life Line and K-Electric consumers, as part of its monthly fuel adjustment. This adjustment, effective for May’s electricity bills, is expected to impose a substantial burden of over Rs 26 billion on consumers.
Meanwhile, K-Electric has put forth a request for a substantial hike of Rs 18.86 per unit in power tariffs over seven months, attributing it to Fuel Charges Adjustments (FCA). NEPRA is scheduled to review K-Electric’s application in a hearing on May 9th, indicating a potential further rise in electricity costs for consumers if approved.
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