KARACHI: National Electric Power Regulatory Authority (NEPRA) has approved a power tariff raise of 32 paisas per unit for Karachi Electric Supply Company (KESC), Express 24/7 reported on Tuesday.
The decision was taken after a hearing at NEPRA headquarters in Islamabad.
The raise in the power tariff will be adjusted in the electricity bill starting next month.
(Read: Power tariff: Govt plans 14% increase in four phases)
KESC had earlier filed a petition with NEPRA asking for an increase of 34 paisas per unit on account of fuel adjustment charges.
Electricity tariffs are extraordinarily complex since power companies charge different rates for varying levels of consumption as well as having different rates for residential, commercial and industrial users. In addition, there can be variation between the rates charged during peak and off-peak hours.
Tariff increases are typically calculated by taking into account the rises in costs for power companies, usually involving changes in fuel prices (mostly oil, but also natural gas).
KESC typically requests quarterly adjustments to its power tariffs, which are set by Nepra.
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