Electricity rates reduced by Rs1.89 per unit
Nepra forwards decision to federal government for final notification
ISLAMABAD: The electricity prices have been reduced by Rs1.89 per unit under the quarterly tariff adjustment for the period April to June 2025, the National Electric Power Regulatory Authority (Nepra) notified on Thursday.
The power regulatory authority forwarded its decision to the federal government for final notification.
Once notified, the revised tariff will apply to all power distribution companies (Discos), including K-Electric consumers.
The adjustment will be shown in the August bills, the notification stated.
The price cut will be effective for three months, from August to October 2025, and is expected to provide a total relief of Rs55.8 billion to electricity consumers across the country.
Last month, the Nepra notified a relief for power consumers by slashing the electricity tariff by Rs4.03 per unit for K-Electric users under the monthly fuel cost adjustment mechanism, whereas the rest of the country benefited from a 50-paisa per unit cut.
The relief was reflected in July's electricity bills for all eligible consumers.
In another move, the federal government had abolished the provincial electricity duty on power bills effective July 1, and officially notified all chief ministers of the decision in June, which aimed at easing the burden on electricity consumers.
-
UN suspends ship escorts through Strait of Hormuz after vessel attack
-
Ryanair scraps 'mandatory' family seating fees after policy tweak
-
JPMorgan leadership shake-up: Marianne Lake exits, two executives take charge
-
Ferrari marketing chief steps down after controversial EV launch
-
Why airlines are still being told to avoid Iran’s airspace despite the new framework deal
-
UK business activity contracts as Sterling eases amid Keir Starmer succession uncertainty
-
Elon Musk’s SpaceX sees high volatility in first public week
-
SpaceX reaches major financial milestone as shares tumble from record high
-
France mobilises €13 billion for tech sovereignty push
-
Qantas set to make aviation history with world’s longest nonstop commercial flight from Sydney to London
-
Saudi Aramco expands oil storage capacity after global turmoil: Here's why
-
US banks to make final push on capital rule changes amid Fed review