Karachi (HRNW) K-Electric (KE) has submitted a request to National Electric Power Regulatory Authority (NEPRA) for a Rs11.33 per unit increase in electricity tariff.
The privately-owned power supplier has applied for an increase in tariff on account of fuel charge adjustment (FCA) for the month of May.
KE’s spokesperson has said that the increase will only apply to one month’s bill.
The spokesperson further added that NEPRA has announced a public hearing on July 4 to deliberate on the request.
He highlighted that between March and May, furnace oil and regasified liquefied natural gas (RLNG) prices rose by 38% and 50%, respectively.
If KE’s application is approved, the tariff hike would impose an additional burden of Rs22.65 billion on the people of Karachi.