ISLAMABAD: Electricity prices may go down across the country as power distribution companies have requested the National Electric Power Regulatory Authority (NEPRA) to approve a relief of over Rs53.39 billion for consumers under the quarterly tariff adjustment.
The request has been filed for the fourth quarter of the fiscal year 2024–25 (April to June). NEPRA is scheduled to hold a public hearing on the matter on August 4. If approved, consumers across Pakistan, including K-Electric users, may see a reduction of Rs1.75 per unit in electricity bills.
According to details, the Central Power Purchasing Agency (CPPA) and other DISCOs have requested a cut of Rs53.71 billion in capacity charges. However, they also seek to recover Rs66.2 million for transmission and distribution losses and Rs18.2 million for operations and maintenance costs.
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This adjustment follows the previous quarter’s relief, where power rates were reduced by Rs1.55 per unit for the May to July period.
If the new request is accepted, further relief of up to Rs2.10 per unit may be given for the months of September, October, and November. NEPRA will issue a final decision after reviewing all submissions during the hearing.
