Electricity Prices Lowered as NEPRA Approves Tariff Reduction
The National Electric Power Regulatory Authority (NEPRA) has officially announced a Rs. 1.23 per unit reduction in electricity tariffs for February bills. This price cut follows the monthly fuel adjustment for December, ensuring temporary relief for consumers amid fluctuating energy costs.
Who Will Benefit From the Electricity Price Reduction?
- Consumers nationwide will see the revised rates in their February bills.
- K-Electric customers will also benefit, as the same price cut applies to Karachi’s electricity bills under the November fuel adjustment.
- The reduction does not apply to lifeline electricity users or electric vehicle charging stations.
Power Companies Push for Major Adjustments in Tariffs
The tariff reduction comes after power companies submitted a petition seeking a total reduction of Rs. 52.12 billion under the second quarterly adjustment for the fiscal year. The petition included:
✔ Rs. 50.66 billion in capacity charge adjustments
✔ Rs. 2.66 billion savings on transmission and distribution losses
✔ Rs. 2.69 billion reduction in operational and maintenance costs
The approval of these adjustments could lead to further tariff reductions in the coming months.
Government’s Commitment to Affordable Energy
In a high-level review meeting held in Islamabad, Prime Minister Shehbaz Sharif assured that electricity costs would continue to decline through:
✅ Ongoing power sector reforms
✅ Revised agreements with Independent Power Producers (IPPs)
✅ A strict crackdown on electricity theft and transmission losses
The government is committed to ensuring sustainable, affordable electricity for both domestic and industrial consumers.
