Govt announces reduction in electricity tariffs

Energy minister reveals a reduction of Rs3.82 per unit on electricity bills for month of April


News Desk April 11, 2024
PHOTO: FILE

Federal Minister for Energy, Sardar Awais Khan Leghari, on Thursday announced a significant decrease in electricity bills for the month of April, Express News reported.

In a statement, Leghari revealed a reduction of Rs3.82 per unit on electricity bills for April. This move comes as a relief to households and businesses grappling with rising utility costs.

He noted that fuel price adjustments for the current month have been set at Rs4.92 per unit, down from Rs7.06 per unit last month, resulting in a reduction of Rs. 2.14 per unit in fuel prices.

The previous adjustment was Rs4.43 per unit, now reduced to Rs. 2.75 per unit, resulting in a decrease of Rs1.68 per unit in electricity tariffs.

Read more: Minister for strict steps against electricity theft

Highlighting the government's commitment to easing the burden on consumers, the minister said that the reduction comes following directions from Prime Minister Shehbaz Sharif to reduce the problems of the people.

He further pointed out that NEPRA, the regulatory authority, plays a crucial role in determining the reference tariff for the entire year, setting the framework for subsequent adjustments.

The minister affirmed that NEPRA regularly reviews and determines fuel price adjustments to ensure transparency and fairness in electricity billing.

Leghari highlighted the importance of receiving this difference to avoid increasing the country's deficit. NEPRA, the regulatory authority, determines the fuel price adjustment on a monthly basis.

Earlier, Leghari had given April 23 as deadline to all Chairmen, Chief Executive Officers (CEOs) of Power Distribution Companies (DISCOs) to curb power pilferage completely.

Terming the current efforts to curb menace of power pilferage insufficient, the minister directed strict action against power thieves, said a statement issued by the Power Division on Monday. The data did not match to the actual damages of power theft, he said.

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