K-Electric Bill Adjustment: Rs 2.17 Per Unit Increase To Raise Consumer Bills
One of the latest news for Karachi residents has come in the form of an adjustment of Rs 2.27 Per Unit by the Electricity Consumption Company, as they are about to increase the bill charges for all KE consumers by this November. By the end of November, Karachiites will be paying an increased monthly bill.
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Increase of Rs 2.17 per unit by KE for November
K-Electric customers will see an increase in their monthly electricity rates as a result of the November adjustment of Rs. 2.17 per unit published by the power provider. This is an additional charge on top of the current price of Rs. 3.17 per unit, bringing the total price to Rs. 4.91 per unit.
کے-الیکٹرک کے صارفین اپنی ماہانہ بجلی کے نرخوں میں نومبر کی روپے کی ایڈجسٹمنٹ کے نتیجے میں اضافہ دیکھیں گے۔ 2.17 فی یونٹ بجلی فراہم کرنے والے کے ذریعہ شائع کیا گیا ہے۔ یہ روپے کی موجودہ قیمت کے اوپر ایک اضافی چارج ہے۔ 3.17 فی یونٹ، جس کی کل قیمت روپے ہو گئی۔ 4.91 فی یونٹ
Quarterly Adjustment Of Rs 1.74 per Unit
According to the latest news received from Karachi Electric Company, their Quarterly Adjustment Price will also be increased. KE has announced a quarterly adjustment of Rs. 1.74 per unit, which will be billed separately. In the quarterly tariff adjustment system, which includes this adjustment, fuel price variances are passed on to customers.
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The August electric bill increase is still awaiting approval
NEPRA granted K-Electric’s petition last month for provisional monthly fuel charge adjustments (FCA) for July 2024 at PKR 3.03 per unit. The amount will appear on client invoices in December 2024.
As a result of adjustments to the generating mix and fluctuations in fuel costs, utility fuel charges change. These expenses were shown on the consumer bill after they were examined and approved by NEPRA. When global fuel prices decline, customers also benefit from lower FCA on their bills. The Federal Government notifies NEPRA of the rates applied to client bills.
Category Of Consumers Not To Pay FCA Charges
The FCA will apply to all consumer groups except:
Formerly known as Karachi Electric Supply Company Limited, the electricity company plays a crucial role in one of the world’s most densely populated cities. Under the leadership of KES Power Limited, who owns the majority stake in KE, a turnaround plan was implemented in 2009, attracting investments exceeding USD 4.1 billion. As a result, KE has increased its generation capacity by 1,057 MW and boosted its transmission and distribution capacity by 29% and 60%, respectively. Moreover, there has been a significant reduction of 15.5% points in transmission and distribution losses.
In conclusion
As a result of K-Electric’s recent adjustment, Karachi consumers will see higher electricity bills in November, with an additional Rs. 2.17 per unit and a separate quarterly adjustment of Rs. 1.74 per unit. In spite of helping to cover rising fuel costs, these adjustments place a financial burden on residents.