Nepra slashes electricity rate by Rs1.15 per unit across Pakistan

Protected consumers with 100 units on their bill will now pay at rate of Rs10.54 per unit
A FESCO worker fixes a line on an electric pole on December 19, 2022. — APP

A FESCO worker fixes a line on an electric pole on December 19, 2022. — APP

The National Electric Power Regulatory Authority (Nepra) has announced a reduction in the electricity rate by Rs1.15 per unit nationwide.

With this step, Nepra aims to ensure a uniform power tariff across Pakistan. The development follows Nepra's hearing of the Power Division's motion seeking a uniform basic tariff, contending that tariff rationalisation is not aimed at raising any revenues for the federal government.

However, it allows the fulfilment of parameters outlined in the Constitution as well as the policy. The regulator has maintained the tariff for lifeline consumers using 50 units at Rs3.95 per unit, whereas those using 100 units will continue to pay Rs7.74 per unit.

Meanwhile, protected consumers with 100 units on their bill will now pay at a rate of Rs10.54 per unit, whereas an Rs13 per unit rate will be implemented for those consuming 200 units a month.

With regards to non-protected consumers, the electricity tariff has been slashed by Rs1.15 per unit for all categories.

Moreover, the same reduction applies to commercial consumers as well, bringing their new average basic tariff to Rs45.43 per unit and the Rs1.15 per unit reduction also applies to the general services whose existing rate now stands at Rs43.17 per unit.

The government stated that the reduction in rupee stability, falling capacity payments, and declining global fuel prices — offered rare fiscal relief amid ongoing economic challenges.