Adjustment Of Rs 2.17 Per unit By KE: Consumers To Pay Higher Bills

Adjustment Of Rs 2.17 Per unit By KE: Consumers To Pay Higher Bills

Here is one of the latest news for all the residents of Karachi by the Electricity Consumption Company, they are about to increase the bill charges for all the KE Consumers by this November due to an adjustment of Rs 2.27 Per Unit. Therefore the People of Karachi will face an increase in their monthly Bill price by the end of this November.

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Rs 2.17 Per Unit Increase For This November By KE

Due to a November adjustment of Rs. 2.17 per unit published by the power provider, K-Electric customers would see a rise in their monthly electricity rates. According to the specifics, this is on top of the current price of Rs. 3.17 per unit, which brings the total cost per unit to Rs. 4.91.

روپے کی نومبر کی ایڈجسٹمنٹ کی وجہ سے بجلی فراہم کرنے والے کے ذریعہ شائع کردہ 2.17 فی یونٹ، کے الیکٹرک کے صارفین اپنے ماہانہ بجلی کے نرخوں میں اضافہ دیکھیں گے۔ تفصیلات کے مطابق، یہ روپے کی موجودہ قیمت کے اوپر ہے۔ 3.17 فی یونٹ، جس سے فی یونٹ کل لاگت روپے ہو جاتی ہے۔ 4.91۔

Quarterly Adjustment Of Rs 1.74 per Unit

According to the latest news received from Karachi Electric Company, there will also be an increase in their Quarterly adjustment price. A quarterly adjustment of Rs. 1.74 per unit, which would be billed separately, has also been announced by KE. The goal of the quarterly tariff adjustment system, which includes this adjustment, is to pass on the variance in fuel prices to customers.

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Approval For August Increment On Electric Bills Are Still Pending

K-Electric’s (KE) petition for provisional monthly fuel charge adjustments (FCA) for July 2024 was granted by NEPRA last month, at a price of PKR 3.03 per unit. In December 2024, the sum will appear on client invoices.

utility fuel charge changes brought on by adjustments in the generating mix and worldwide fluctuations in the cost of fuel used to produce power. After being examined and approved by NEPRA, these expenses were shown on consumer bills. When global fuel costs decline, customers also benefit from lower FCA on their bills. NEPRA determines the rates that are applied to client bills, and the Federal Government notifies them.

Category Of Consumers Not To Pay FCA Charges 

According to the Regulatory Authority’s ruling, FCA will apply to all consumer groups except:

  • prepaid metering customers, 
  • lifeline customers, 
  • and electric vehicle charging stations (EVCS).

The electricity company, which was formerly known as Karachi Electric Supply Company Limited, is a vital component of one of the most populated cities on earth. The largest stakeholder of KE, KES Power Limited, implemented a turnaround plan in 2009 that resulted in investments totaling more than USD 4.1 billion. As a result, the company’s generation capacity has expanded by 1,057 MW, and its transmission and distribution capacity has increased by around 29% and 60%, respectively. Additionally, transmission and distribution losses have decreased by 15.5% points.

Conclusion

In conclusion, K-Electric’s recent adjustments mean consumers in Karachi will see higher electricity bills, with an additional charge of Rs. 2.17 per unit for November and a separate quarterly adjustment of Rs. 1.74 per unit. While these adjustments help cover rising fuel costs, they place a financial strain on residents.