New electricity rates in Pakistan after PM’s power relief package

In a major relief to electricity consumers, Prime Minister Shehbaz Sharif on Thursday announced a cut of up to Rs7.69 per unit in power tariff.

Announcing the power relief package at a ceremony in Islamabad, the prime minister also revealed that the cost per unit for industrial units has also been slashed by Rs7.59.

The development comes a month after the government's request to the National Electric Power Regulatory Authority (Nepra) for a reduction of electricity prices — following the approval of the International Monetary Fund (IMF), which gave its go-ahead for a Re1 per kilowatt cut in utility rates.

• Average price of electricity reduced by Rs7.41 per unit.
• Per unit power tariff slashed from Rs45.05 to Rs37.64.
• Power tariff for domestic consumers reduced by Rs7.15.
• Commercial consumers provided a relief of Rs8.58 per unit.
• Per unit rate for commercial consumers slashed from Rs71.06 to Rs62.47.
• Electricity rate for general services reduced by Rs7.18.
• Per unit rate for general services reduced from Rs56.66 to Rs49.48.
• Power tariff for industrial consumers reduced by Rs7.69.
• Per unit rate for industrial consumers reduced from Rs48.19 to Rs40.51.
• Power tariff for bulk supply slashed by Rs7.18 per unit.
• Per unit price for bulk supply reduced from Rs55.05 to Rs47.87.
• Power tariff for agricultural sector reduced by Rs7.18 per unit.
• Per unit rate for agricultural sector slashed from Rs41.76 to Rs34.58.