Electricity unit price in Pakistan 2024 – K-Electric , IESCO, FESCO, MEPCO , PESCO, HESCO, SEPCO

Are you tired of high electricity bills eating up your budget every month? You’re not alone. Many Pakistanis are looking for ways to manage their electricity costs better. Knowing the electricity unit Price  in Pakistan can help you plan your expenses, compare providers, and even find ways to save money. Whether you’re a homeowner, a business owner, or someone planning to install solar panels, understanding electricity rates is essential.

If you want to keep your electricity bills low, it’s essential to know the latest electricity unit rates in Pakistan for 2024. Whether you’re with MEPCO, FESCO, IESCO, HESCO, or K-Electric, understanding the rates can make a big difference. Currently, the average electricity unit rate in Pakistan is about PKR 22 – 65 per kWh. The Article will guide you through different distributors’ electricity rates, Price structure and the ways to calculate and control your electricity bill, and the most optimal Solar System you can install to save bucks on your electricity bills.

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electricity unit price in Pakistan

Electricity Unit Price in Pakistan 2024 

The Electricity Unit Price in Pakistan is controlled by NEPRA (National Electric Power Regulatory Authority). The unit prices differ on the basis of electricity consumed per month. The Distribution companies have divided the electricity rates with different price slabs. The lowest unit rate is PKR 22 for consumers who consume less than 100 units and then the rates rise up to Rs. 65 for households who consume more than 700 Units of electricity. 

This slab distribution is to encourage users to save more electricity. Below is a comprehensive table showing different distribution companies like K-Electric, HESCO, MEPCO, HESCO, GEPCO, FESIC, IESCO and their unit rates for different units consumed.

Electricity Unit Price in Pakistan for Residential Consumers

Residential electricity unit rate in Pakistan

Electricity Price in Pakistan for Commercial Consumers

LOAD TYPEELECTRICITY UNIT RATE
Under 5 kWRs. 45.15
Over 5 kWRs. 48.35
Commercial electricity unit rate

Electricity Price Structure in Pakistan

If you believe Electricity Unit price in Pakistan is controlled by one authority, then you are wrong. The unit price is a cumulative of different costs and regulatory surcharges. A part of the unit price is paid to the electricity distribution company while the other part goes to the government as sales tax and other regulatory taxes.

Distribution Company Charges

  • Meter Fare (Not applicable to everyone)
  • Service Charges (Not applicable to everyone)
  • Fuel Adjustment Charges
  • R-Surcharge
  • QTR Tariff
  • ADJ/DMC

Government Charges (Tax/fees)

  • Electricity Duty
  • TV Fee
  • General Sales Tax
  • Radio Fee

How to Calculate Electricity Bill

Total Electricity Bill = Total Units (Peak + Off peak hours) * Cost per Unit (unit cost differ as per the per month units consumption slab)

For example, if the units consumed are 400 kWh, you lie in the unit slab of 300-400 units, so your unit price is Rs. 33(vary according to location) then the total bill will be generated as. 

  • 400 watts ( 376 off peak + 24 peak ) hours
  • 376 Watt * 33 Rs. (off peak hour rate) + 24 Watt * 39 Rs. (peak hour rate ) = Rs. 13,344

Rs. 13,344 + 27% Taxes = Rs. 16,947 Total Bill

How to Control electricity Bill

Controlling your electricity bill is partially dependent on you. There are some important measures you can take to save consumption of electricity and utilize the electricity optimally.

  • Use your electric appliances during the off peak hours which are basically the day time hours.
  • During the peak hours, reduce your electricity consumption to the bare minimum. Switch off bulbs, fans and other electric appliances not in use.
  • A Solar System is the best alternative to your regular grid electricity that can help you control a major part of your electricity bill by generating electricity from solar energy.  Below is a table showing your electricity consumption and the solar system suited best for your needs.

Reduce Electricity bill Using Solar System

SOLAR SYSTEM CAPACITYUNITS GENERATED PER MONTH
3 kW Solar System300 Units
4 kW Solar System500 Units
5 kW Solar System570 Units
8 kW Solar System1000 Units
10 kW Solar System1200 Units
15 kW Solar System2250 Units
20 kW Solar System2800 Units
solar system and their electricity generation capacity

Factors that affect Electricity unit price in Pakistan

Different factors that are directly impacting the Electricity Unit price in Pakistan are given below.

Demand and Supply Gap

One of the major reasons that the electricity unit price in Pakistan is the monopoly of electricity distribution companies. Being the only electricity supply company, it is free to decide the electricity unit rate. There is no other source the consumer can turn towards, hence, the entire demand goes to one company who monopolizes and fulfills the demand. The demand and supply gap is the major reason for high electricity prices in Pakistan.

Fuel Prices

Fuels like Gas and Petroleum being the main raw materials of electricity generation, play a major role in deciding the electricity unit price in Pakistan. With high import taxes on fuels, Pakistan is under the burden of high electricity prices.

Consumer behavior

Electricity unit rates differ with the consumption of users. The rates are divided into slabs where a user with less than 100 units of consumption per month is only charged with less than Rs. 22/ unit. As the monthly consumption increases, the unit prices increase. Therefore, a consumer can significantly impact the total electricity price they pay by controlling the units consumed to its optimum.

Government policies

Government imposed taxes, subsidies, fees, surcharges are also a major part of electricity unit prices. It is totally the discretion of the government to keep the additional charges on electricity bills at their  minimum.

Conclusion

In conclusion, knowing the electricity unit rates in Pakistan for 2024 is essential for managing your expenses and saving money. Whether you get your power from MEPCO, FESCO, IESCO, HESCO, or K-Electric, staying updated on the latest rates helps you plan better and avoid surprises on your bill. By understanding these rates, you can make smarter choices, compare providers, and even explore energy-saving options. Take control of your electricity costs today and enjoy peace of mind knowing you’re well-informed and prepared.

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