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Govt to Reduce Electricity Prices by Rs. 2 Per Unit from March, Offering Rs. 52 Billion Relief

by Brands Kahani 03 Feb 2025 0 Comments

The federal government has suggested lowering electricity prices by Rs2 per unit for the second quarter of the 2024-25 financial year. If approved, this reduction will start in March and provide relief of over Rs52 billion to consumers.

Power distribution companies have submitted their requests for this adjustment to the National Electric Power Regulatory Authority (Nepra). Nepra will review the proposal in a public hearing scheduled for February 12.

If the reduction is approved, it will be applied to electricity bills for March, April, and May. However, lifeline consumers—who use very little electricity—will not get this benefit. On the other hand, K-Electric customers in Karachi will be included in the relief plan.

This proposed price cut is aimed at easing the financial burden on households and businesses, especially as inflation and economic challenges continue to rise. The government hopes this step will provide temporary relief and help reduce electricity costs for many consumers. However, the final decision depends on Nepra’s approval after evaluating all factors.

For now, citizens await the outcome of the hearing, hoping for lower electricity bills in the coming months.

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