NEPRA Suggests Flexible Electric Bill Installment Plan

NEPRA has introduced some major changes as to the electricity bill payment option, whereby every consumer can now pay their bills in several installments during the year, instead of just one payment at a time.

The draft of the proposed amendments to Consumer Service Manual are aimed at aligning the revenue requirements of distribution companies (DISCOs) with consumer needs.

In essence, if a consumer pays the first installment on time, they will not incur any markup. However, any late payments will incur a 14% markup, thus apparently providing a reasonable way to ease financial burden off consumers while ensuring revenue flow for DISCOs.

NEPRA invited the public and other stakeholders to send in their comments on these amendments within seven days. The move targets giving relief to consumers while maintaining the viability of DISCOs at the same time.

It is worthwhile to mention that NEPRA last amended the Consumer Service Manual in June 2024.

Latest news

Pakistan Successfully Repays $1B Chinese Loan

Pakistan temporarily depleted its meager foreign exchange reserves to a six-month low of $10.6 billion after repaying a $1 billion Chinese commercial loan with...

At 1.7%, economic growth is flat

Economic growth in Pakistan slowed to just 1.7% during the second quarter of the current fiscal year, driven primarily by gains in the livestock...

IMF and Pakistan agree at the staff level on the new $1.3 billion RSF fund and the EFF review

The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the first review of Pakistan’s Extended Fund Facility (EFF) and a...

Kashmir Dispute: Pakistan Rejects India’s Claim at UN

Pakistan reiterates that Kashmir is a disputed region, rejecting India's claim and urging the UN to uphold resolutions on its final status. At the end...

Related news

Pakistan Successfully Repays $1B Chinese Loan

Pakistan temporarily depleted its meager foreign exchange reserves to a six-month low of $10.6 billion after repaying a $1 billion Chinese commercial loan with...

At 1.7%, economic growth is flat

Economic growth in Pakistan slowed to just 1.7% during the second quarter of the current fiscal year, driven primarily by gains in the livestock...

IMF and Pakistan agree at the staff level on the new $1.3 billion RSF fund and the EFF review

The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the first review of Pakistan’s Extended Fund Facility (EFF) and a...

Kashmir Dispute: Pakistan Rejects India’s Claim at UN

Pakistan reiterates that Kashmir is a disputed region, rejecting India's claim and urging the UN to uphold resolutions on its final status. At the end...