There is welcome news for electricity consumers across the country, as the per-unit electricity tariff is expected to be reduced by up to Rs1.75, potentially offering significant relief in monthly electricity bills.
The Central Power Purchasing Agency (CPPA) has formally submitted a request to the National Electric Power Regulatory Authority (NEPRA) under the fourth quarterly adjustment of the fiscal year 2024–25, seeking a reduction in electricity prices. NEPRA is scheduled to hold a formal hearing on the matter today, after which a final decision will be announced.
If the proposal is approved, consumers across the country could receive a total financial relief of more than Rs53.39 billion. The quarterly adjustment will not only apply to state-owned distribution companies (DISCOs) but will also extend to K-Electric customers in Karachi.
According to informed sources, if NEPRA approves the adjustments related to September, October, and November, consumers could benefit from a relief of up to Rs2.10 per unit. Meanwhile, a reduction of Rs1.75 per unit has been proposed for August, September, and October, which could lead to a notable reduction in consumers’ electricity bills.
The final verdict on this matter will be issued by NEPRA following the completion of the hearing on the submitted application.
