POSSIBLE PRICE CUT UNDER REVIEW
Electricity consumers across Pakistan, including users served by K-Electric, could receive financial relief over the coming months as the National Electric Power Regulatory Authority (Nepra) reviews a quarterly tariff adjustment request for the January-March 2026 period.
Nepra conducted a public hearing on Tuesday to examine adjustment petitions submitted by power distribution companies. Initial calculations presented during the proceedings indicated a possible reduction of Rs. 1.93 per unit in electricity prices. If approved, consumers could receive an estimated relief package worth nearly Rs. 63.94 billion over a three-month period.
Meanwhile, the regulator has yet to issue a final determination and will complete the process after reviewing submitted figures and consulting relevant stakeholders.
COST REDUCTIONS DRIVE EXPECTED RELIEF
According to details shared during the hearing, the proposed adjustments stem from notable reductions in several cost components across the power sector. Capacity charges declined by approximately Rs. 36.83 billion during the quarter, while use-of-system charges and market operation fees decreased by nearly Rs. 11.24 billion.
In addition, authorities requested another reduction of Rs. 23.51 billion under incremental energy unit adjustments. Industry representatives attending the proceedings welcomed the projected relief and described it as encouraging for consumers amid continuing uncertainty in global energy markets.
Furthermore, participants urged policymakers to continue transferring cost savings to consumers to strengthen economic activity and support industrial growth. Industrialist Tanveer Bari described the likely Rs. 1.93 per unit cut as a positive development and called for further reforms across the energy sector.
Stakeholders also highlighted ongoing structural changes, noting that older power generation facilities continue to phase out while new capacity enters the system. They added that Pakistan currently has around 45,000 megawatts of installed capacity, although actual generation remains near 25,000 megawatts.
