The public hearing held by the National Electric Power Regulatory Authority (NEPRA) on K-Electric’s request for a premature monthly fuel charge adjustment (FCA) for February 2025 is now over.

NEPRA Chairman Waseem Mukhtar reportedly supervised the hearing. In their appeal, K-Electric asked that the energy rate be lowered by “Rs 6.62 per unit” for the month of February using the FCA process.

Following the public hearing, NEPRA said that all provided data and statistics will be carefully examined before a final judgment is reached.

K-Electric Request To Lower Electricity Cost

NEPRA states that “if authorized, the negative fuel charge adjustment will be applicable to all consumer categories, with the exception of electric vehicle charging stations (EVCS), lifeline consumers, guarded domestic users, and all consumer categories using prepaid energy meters under the prepaid rate”.

Also Read: NEPRA Approves National Electricity Price Cut For Consumers

The power rate was formerly expected to drop by Rs6.62 per unit, which would have greatly benefited K-Electric customers. According to specifics, Karachi-Electric asked the National Electric Power Regulatory Authority (NEPRA) to lower electricity costs for February under the fuel adjustment.

On April 16, NEPRA was scheduled to hear K-Electric’s request about the February monthly fuel adjustment. Customers will receive more than Rs6.66 billion in relief if the electricity rate cut is authorized.

In a similar vein, the forthcoming March monthly and quarterly changes may result in a decrease in electricity rates.

According to sources, the March monthly adjustment might result in a “3 rupee per unit” decline in power rates, in addition the quarterly adjustment could result in a national fall of more than “1 rupee per unit”.

A hearing on the request for the monthly adjustment, made by the Central Power Purchasing Agency (CPPA), is scheduled on the 29th of March.

While “8.4 billion units” of energy were produced in March, and the cost of that power was “9.22 rupees per unit”, which was higher than the standard rate of “9.25 rupees per unit”. The government is going to provide the citizens with a “51.49 billion rupee” relaxation for the quarterly adjustment.