Karachi energy shoppers are set to get large aid as town’s energy utility, Ok-Electrical (KE) has filed a petition with the Nationwide Electrical Energy Regulatory Authority (NEPRA) for Rs4.95 per unit energy tariff minimize, ARY Information reported on Wednesday.
Ok-Electrical proposed refund comes after the utility charged greater per unit electrical energy charges in December 2024.
Underneath the month-to-month gas expenses adjustment (FCA) for December, the corporate needs to refund roughly Rs4.94 billion to its energy shoppers.
The regulator has scheduled a public listening to for February 26 to contemplate the KE request for a provisional unfavorable FCA.
Earlier this month, prime Minister (PM) Shehbaz Sharif stated that electrical energy tariffs would additional be decreased for home shoppers and industries via reforms within the electrical energy sector.
Learn extra: Electrical energy tariffs will additional be decreased: PM Shehbaz
He expressed satisfaction with the present adjustments within the electrical energy sector, stating that they’re producing nice outcomes, whereas chairing a evaluate assembly of the sector in Islamabad on Friday.
PM Shehbaz stated that he has pledged to ensure the availability of reasonably priced and sustainable energy. He stated revising agreements with IPPs is saving the nationwide treasury and decreasing electrical energy costs for shoppers.
The Prime Minister made reference to the marketing campaign towards energy theft and pledged to hurry it up even additional with a purpose to utterly eradicate the losses incurred by all distribution corporations on this space.