Govt cuts electricity prices nationwide

The National Electric Power Regulatory Authority (NEPRA) has reduced the power tariff by up to Rs3 per unit on account of Fuel Charge Adjustment (FCA).

Electricity prices have been reduced for consumers across Pakistan, providing relief in upcoming bills. Government-owned DISCOs customers will get a reduction of Rs2.12 per unit, while K-Electric users will benefit from a Rs3 per unit cut.

The reduction will be reflected in March 2025 electricity bills, with DISCOs’ customers receiving refunds for January 2025 and K-Electric consumers for December 2024.

Fuel Charge Adjustments, which vary based on global fuel prices and energy generation costs, are reviewed by NEPRA before approval. The revised rates will apply to all consumer categories except Electric Vehicle Charging Stations, lifeline consumers, prepaid metering users, and agricultural consumers.

The Central Power Purchasing Agency Guarantee Limited initially proposed a Rs2.32 per unit refund for DISCOs’ consumers due to lower-than-expected fuel costs. In January 2025, over 7.8 billion electricity units were generated, with reference fuel charges at Rs13.1 per unit, while actual costs were Rs10.78 per unit.

Similarly, K-Electric had sought a Rs4.95 per unit reduction, citing higher charges applied in December 2024. The approved reduction aims to ease the financial burden on electricity consumers.