Islamabad, April 16, 2024 (PkRevenue.com): In a move aimed at providing relief to consumers, the Ministry of Power Division announced today that electricity bills for the month of May will see a significant reduction.
According to the statement issued by the Ministry, consumers can expect a substantial decrease of Rs 4.12 per unit compared to their bills from March.
This reduction comes following a petition submitted to the National Electric Power Regulatory Authority (NEPRA) requesting a decrease in fuel cost adjustments. The petition advocates for a decrease from Rs 4.92 per unit to Rs 2.94 per unit for the month of May, compared to April.
The statement further highlighted that the power tariff for April had already been reduced from Rs 7.6 per unit to Rs 4.92 per unit when compared to March, indicating a consistent effort by the government to alleviate the burden on consumers.
This marks the third consecutive month in which the government has actively pursued reductions in electricity bills, reflecting a commitment to addressing the concerns of the public regarding utility costs.
Minister for Power, Awais Ahmad Khan Leghari, reiterated the government’s dedication to passing on the benefits of reduced fuel prices directly to the masses. This move is expected to ease the financial strain on households and contribute to overall economic stability.
The announcement of reduced electricity bills comes amidst ongoing efforts by the government to tackle inflation and mitigate the impact of rising global energy prices. By actively engaging with regulatory authorities and advocating for consumer-centric policies, the government aims to ensure that the benefits of any cost reductions are passed on to the citizens.
The reduction in electricity bills is likely to be welcomed by consumers across the country, who have been grappling with increasing utility costs in recent months. With the cost of living on the rise, any relief in essential expenses such as electricity bills will undoubtedly be a relief for many households.
The Ministry of Power Division has assured consumers that efforts will continue to be made to stabilize electricity prices and ensure affordability for all. This commitment to transparency and responsiveness to the needs of the people underscores the government’s dedication to improving the quality of life for its citizens.
As the country navigates through economic challenges, initiatives such as these play a crucial role in providing much-needed relief to the population. The reduction in electricity bills for May 2024 stands as a testament to the government’s proactive approach towards addressing the concerns of its citizens and fostering economic resilience in the face of adversity.
