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New Electricity Rates for August and September after Major Tariff Cut

New Electricity Rates for August and September after Major Tariff Cut

Web Desk August 17, 2024 Add Bol News as a trusted source

In a move to ease the burden on inflation-stricken citizens, the Punjab government has announced a Rs14 per unit discount on electricity bills for August and September for consumers using up to 500 units.

PML-N leader Nawaz Sharif made the announcement during a press conference alongside his daughter, Punjab Chief Minister Maryam Nawaz. The government has reallocated Rs45 billion from the developmental budget to fund this relief.

This initiative, which is expected to benefit 2.5 crore consumers and cost Rs50 billion, is targeted at 94% of the country’s domestic electricity users.

LESCO Electricity Unit Rates 2024

No. of Units Price/Tariff per Unit (Rs/kWh)
1 – 100 Rs. 12.21
101 – 200 Rs. 14.53
201 – 300 Rs. 31.51
301 – 400 Rs. 38.41
401 – 500 Rs. 41.62
501 – 600 Rs. 43.04
601 – 700 Rs. 44.18
701 and above Rs. 49.10

Electricity Unit cut by Rs14 per unit

This announcement follows the federal government's introduction of a three-month relief program for electricity lifeline consumers using up to 200 units per month.

Former Prime Minister Nawaz Sharif also highlighted a new initiative led by his daughter, Chief Minister Maryam Nawaz, called the "Roshan Gharana" program. This program will provide free solar panels to households using up to 200 units and subsidized panels for those using up to 500 units. The government will cover 90% of the cost, with consumers only responsible for 10%, which they can repay through an interest-free five-year loan.

Nawaz Sharif also urged Prime Minister Shehbaz to support the promotion of solar panels and suggested that other provinces implement similar programs to benefit their residents.

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