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Electricity prices to remain unchanged in June, says Power Division

Electricity prices

ISLAMABAD: Pakistan’s Power Division said Monday that electricity prices will remain unchanged in June, crediting timely and effective measures for shielding consumers from a potential increase.

In a statement, the ministry said consumers were spared a monthly fuel adjustment impact of Rs5 to Rs6 per unit. It added that despite the shutdown of LNG supplies and the use of expensive furnace oil, no additional burden would be passed on to electricity users.

The Power Division said consumers were protected from an estimated Rs38 billion in additional costs, as the monthly fuel adjustment was contained at an increase of Rs1.73 per unit.

Officials said consistent policy measures, rising electricity demand management and a special relief package helped stabilise prices. They added that additional domestic gas supply and generation from imported coal plants also helped reduce load management pressures.

The ministry said consumers received Rs65 billion in refunds during the first quarter, while quarterly adjustments provided a relief of Rs1.93 per unit.

It further stated that the quarterly adjustment not only offset the impact of monthly fuel charges but also delivered additional relief despite challenging conditions.

Officials added that there would be no increase in the reference tariff next month, and consumers could even see a slight relief of around 20 paisa per unit.

Power Division announces peak-hour electricity rationing plan

Power Division

ISLAMABAD: The Power Division Pakistan has announced daily load shedding of two hours and fifteen minutes during peak hours as part of its relief strategy.

According to the spokesperson, the load shedding will be implemented between 5pm and 1am to manage increased electricity demand and reduce reliance on expensive fuel sources. The move aims to prevent a significant rise in electricity tariffs.

The Power Division stated that despite rising fuel costs, electricity prices were reduced by 71 paisa per unit due to the efficient use of low-cost generation sources. It also highlighted that consumers were given relief worth Rs46 billion from July to February.

Officials said the country currently has sufficient power generation capacity, but the main challenge remains the surge in consumption during peak hours. Without timely measures, electricity prices could have increased by Rs5 to Rs6 per unit.

The government has also ensured the supply of 80 MMCFD of local gas to power plants on the directives of Prime Minister Shehbaz Sharif, helping contain potential price hikes.

Authorities clarified that the purpose of load management is to avoid a potential increase of around Rs3 per unit, although a rise of about Rs1.5 per unit may still be unavoidable due to limited use of furnace oil.

The Power Division has directed distribution companies to inform consumers in advance about outage timings and emphasized that efforts are underway at both federal and provincial levels to reduce electricity demand, including early closure of commercial markets.

Exemption for Karachi and HESCO

The spokesperson further clarified that consumers of K-Electric and Hyderabad Electric Supply Company will be exempt from additional peak-hour load shedding.

This exemption has been granted due to the availability of relatively cheaper power generation sources in southern regions, ensuring that consumers in these areas are not subjected to unnecessary outages.