Karachi (A News) – K-Electric has filed an application with the National Electric electricity Regulatory Authority (NEPRA) to reduce electricity tariffs.

The firm has requested a decrease of Rs4.95 per unit due to fuel cost adjustments. If the plea is allowed, Karachi’s energy users would receive Rs4.94 billion in relief.

The regulatory body will hold a hearing on the KE application on February 26.

Earlier this month, the government slashed power costs by as much as Rs1.23 per unit. Consumers of distribution businesses would gain by Rs1.22 per unit, while K-Electric users will save Rs1.23.

The prices were cut in response to the monthly gasoline price change.