Business

Here’s how to calculate electricity bills after new power tariff reduction

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Staff Reporter

KARACHI: Pakistani power consumers have been given significant relief as electricity rates have been lowered by Rs7.59. This move comes after the government’s major overhaul of the system, and is expected to bring substantial savings to millions of consumers.

The new power tariff reduction is anticipated to help people save thousands during the upcoming summer season.

Prime Minister Shehbaz Sharif made the key announcement, highlighting that convincing the International Monetary Fund (IMF) to approve the reduction was a challenging task.

However, the government worked diligently to achieve this goal. The premier emphasized the need for structural reforms to address electricity theft, which costs the country billions.

This move is part of a series of economic measures, including maintaining petroleum prices, aimed at alleviating financial pressures on households and businesses.

Prime Minister Sharif referred to the tariff reduction as an “Eid gift” to Pakistanis, underscoring its importance for boosting industries, agriculture, and exports.

Electricity Relief Package 

Category Old Price New Price  Price Cut 
Domestic  Rs 48.70 Rs 37.64 Rs 7.41
Industrial  Rs 58.50 Rs 40.51 Rs 7.59

Savings on April Electricity Bill

Here is the breakdown for consumers as per their electricity usage in the upcoming month after the revision of rates.

For Domestic Consumers

Usage  200 Units 300 Units 500 Units
Old Rate  Rs 9,740 Rs 14,610 Rs 24,350
New Rate  Rs 7,528 Rs 11,292 Rs 18,820
Savings  Rs 2,212 Rs 3,318 Rs 5,530

For Industrial Users

Usage  Old Rate  New Rate  Savings
1,000 Units Rs 58,500 Rs 40,510 Rs 17,990
3,000 Units Rs 175,500 Rs 121,530 Rs 53,970
Staff Reporter

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