Karachi electricity consumers are bracing themselves for yet another substantial price hike, with reports suggesting that the power tariff may surge by Rs10.32 per unit. This development comes as the National Electric Power Regulatory Authority (NEPRA) prepares to review the federal government’s request for the tariff increase, aimed at covering various quarterly adjustments for the fiscal year 2022-23.
The government has petitioned for these adjustments, with specific figures outlined for different periods:
- Quarterly Adjustment (October-December 2022): A modest increase of 47 paisas per unit has been proposed.
- Quarterly Adjustment (July-September 2022): The government is seeking to recover Rs4.45 per unit through this adjustment.
- Fourth Quarterly Adjustment: For the final quarter of the year, an increase of Rs5.40 per unit has been requested.
The fate of these proposed tariff adjustments rests in the hands of NEPRA, which is scheduled to conduct a hearing to deliberate on the matter. As the situation unfolds, consumers in Karachi will be eagerly awaiting the regulatory authority’s decision regarding these potential electricity price hikes.
