MEGA Relief Package of Rs. 5 in Electricity Bill 2022 Incentive Package

The National Electric Power Regulatory Authority (NEPRA) has issued the official announcement regarding Decision of the authority in the matter of incentive package announced by the prime minister regarding reduction in price of electricity.

NEPRA Approves Mega Relief Package of Rs. 5/Unit in Electricity Bill 2022

The Ministry of Energy vide letter dated March 18, 2022 has requested the Authority to approve the Incentive Package announced by the Prime Minister regarding reduction in price of electricity.

The Ministry in this regard has submitted that a summary on the above subject was considered by the ECC of the Cabinet and ECC vide decision dated March 07, 2022 decided as under;

1. Approved “XWDISCOs and K-Electric commercial consumers having sanctioned load less than 5 kW and domestic non-TOU consumers having monthly consumption up-to 700 units (except lifeline consumers)” as eligible consumers for PM Relief Package.
2. Approved PM Relief Package of Rs.5 per unit by way of reduction in consumer bill for eligible consumers for PM relief package, which will be worked out based on the applicable notified schedule of tariff for the relief period of four months (March 2022 to June 2022).
3. Approved Supplementary Grant of Rs.106 Billion in the head of TDS and release the same to the Power Division for implementation of PM’s Relief Package.
4. The subsidy shall be released by the Finance Division and AGPR as advance in the beginning of each month divided in four equal installments i.e. Rs.26.5 Billion each. The first installment will be released immediately and remaining releases will be required as the start of each month i.e., Arp. 2022, May 2022 and June 2022 and the adjustment will be submitted after due reconciliation subsequently; and
5. Authorized the Power division to notify the PM’s relief package based on “(a), (b), (c), and (d) above.