Karachi: It is expected that electricity prices will be reduced to national level, including Karachi, as part of a quarterly adaptation mechanism. According to sources, a forced reduction in capacity fees has been issued for electricity consumers. Energy distribution companies have submitted a modification application and proposed to reduce RS2 to the unit for the second quarter of the fiscal year 2024-25. If approved, electricity prices will be reduced from March 2025, which will give relief from the public by more than 52 billion Rs. The National Regulatory Office for Electric Energy (NEPRA) will organize public hearing in these applications in these applications. Sources indicate that the reduction will affect electricity tariffs for March, April and May. The quarterly modification will also apply to K-Electric consumers, but Lifeline consumers will not get any relief. It is worth noting that, with the exception of Karachi, the company has no longer reduced the price of electricity for monthly modifications and the decision of the sixth request to reduce is still waiting.
