Nepra lowers electricity rates in Pakistan by Rs0.48 per unit.

In a formal announcement, the National Electric Power Regulatory Authority (Nepra) announced that power rates would be lowered by Rs0.48 per unit.

A Nepra representative stated that the reduction was accomplished through the monthly fuel cost adjustment procedure and would appear on the bills for the current month.

The representative further stated that all users in the country, including those covered by K-Electric, are eligible for the rate reduction. According to the regulator, the action will give power users nationwide financial relief of more than Rs5 billion.

The official notification outlining the updated pricing and implementation procedure has also been made public by Nepra.