In a major relief for consumers, the National Electric Power Regulatory Authority (NEPRA) has approved a Rs1.50 per unit cut in the average base electricity tariff. This decision is expected to significantly reduce electricity bills in the coming months, providing financial respite to households and businesses struggling with high costs.
According to official details, NEPRA has set the multi-year tariff for power distribution companies at Rs34 per unit. The regulator has forwarded its approval to the federal government, but the final implementation depends on whether the government agrees to extend the required subsidy.
The federal government is expected to issue a formal notification soon, after which the new electricity rates will come into effect. NEPRA officials stated that the reduction is aimed at easing the financial burden on the public and mitigating the impact of rising inflation.
Government sources have indicated that the subsidy decision will be finalized shortly to ensure timely relief for electricity consumers nationwide. This move is part of broader efforts to stabilize energy costs and support economic recovery. Once approved, the reduced tariff will bring welcome relief to millions of consumers across Pakistan.