Electricity consumers have sigh of relief after Prime Minister Shehbaz Sharif announced a significant reduction in power prices on Thursday, providing relief from RS7,41 per unit to national consumers.
Announcing the power relief package during a ceremony in Islamabad, the Prime Minister also revealed that the cost per unit for industrial units had also been reduced by RS7.59.
Development comes a month after the government’s request to the National Electric Power Regulatory Authority (NEPRA) for a reduction in electricity prices – following the approval of the International Monetary Fund (IMF), which gave the green light for a drop in Re1 per kilowatt in public services.
- The average price of reduced electricity of RS7,41 per unit.
- By unit power rate reduced from RS45.05 to RS37.64.
- The power rate for national consumers reduced by RS7.15.
- Commercial consumers have provided RS8.58 relief per unit.
- By unit rate for reduced commercial consumers from RS71.06 to RS62.47.
- Electricity rate for reduced general services of RS7.18.
- By unit rate for the general services reduced from RS56.66 to RS49.48.
- Power rate for reduced industrial consumers from RS7.69.
- By unit rate for reduced industrial consumers from RS48.19 to RS48.19.
- Power rate for Reduced bulk supply of RS7.18 per unit.
- By unit price for the Reded bulk offer from RS55.05 to RS47.87.
- Power rate for the reduced agricultural sector of RS7,18 per unit.
- Per unit rate for the agricultural sector reduced from RS41.76 to Rs34.58.