Power division issues notification, reduces electricity prices by Rs1.71 per unit

Power Division's notification announces a nationwide electricity price reduction, including K-Electric consumers.

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The Power Division has issued a notification announcing a reduction of Rs1.71 per unit in electricity prices for consumers across the country, including K-Electric. This price cut will be applicable from April to June 2025.

According to the notification issued by the Power Division, the price reduction will benefit consumers nationwide, including those under K-Electric. However, the reduction will not apply to lifeline consumers.

The price cut has been made possible through additional subsidies from the federal government.

It is worth noting that, just a day prior, the National Electric Power Regulatory Authority (NEPRA) had approved the government’s request to reduce electricity prices, including in Karachi, under the Petroleum Levy.

NEPRA has sanctioned a price reduction of Rs1.71 per unit, and the decision has been forwarded to the federal government for implementation.

This price reduction comes after a previous adjustment in electricity tariffs, where a Rs1.90 per unit reduction was applied to the quarterly adjustments for consumers across the country, including in Karachi.

Earlier, Prime Minister Shehbaz Sharif had announced a reduction of Rs7.41 per unit for residential consumers on April 3, bringing the price of electricity for domestic users down to Rs 38.37 per unit.

Additionally, a reduction of Rs7.59 per unit was announced for industrial consumers, lowering their electricity price to Rs40.60 per unit.