Electricity Prices Reduced Nationwide for Consumers
Relief to consumers of electricity
Good news for electricity consumers nationwide-the price of electricity is reduced as part of the monthly adjustment for fuel prices.
Details of Reduction in Price
As per a notification issued by NEPRA, the price is reduced by Rs 1.22 per unit for the consumers of government distribution companies and Rs 1.23 per unit for the consumer of K-Electric. The adjustment is applicable in the FCA of December for government discos and in November for K-Electric.
Time Frame for Implementation
This reduction shall be reflected in the electricity bills in February on a nationwide scale. Its exclusion shall apply to lifeline customers, charging stations, and customers who consume more than 300 units.
It will ease millions of consumers financially- for this much-needed prize, considering granted inflationary pressures currently hitting everyone.