Electricity consumers in Karachi may soon see a significant reduction in their power bills, as a proposal has been submitted to the National Electric Power Regulatory Authority (Nepra) seeking a decrease in monthly tariffs, Express News reported.
According to official sources, the cost of electricity could be reduced by Rs6.62 per unit for Karachi-based consumers. The proposed relief falls under the monthly fuel cost adjustment (FCA) mechanism.
The application, filed with Nepra, pertains to the FCA for the month of February. The regulatory authority is expected to announce a hearing date on the matter soon. Following the hearing, Nepra will make a decision regarding the proposed tariff reduction.
On Thursday, Prime Minister Shehbaz Sharif announced a reduction in electricity prices for domestic consumers by Rs7.41 per unit. The price cut is part of the government's efforts to provide relief to Pakistanis while working to strengthen the economy.
For Karachi consumers, electricity will be Rs3.02 per unit cheaper, while the rest of the country will see a reduction of Rs1.90 per unit as per first announcement.
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