Electricity consumers across Pakistan, including K-Electric users, may receive relief of around Rs63.94 billion over three months as the power regulator reviews a quarterly tariff adjustment for the January to March 2026 period.

The National Electric Power Regulatory Authority held a public hearing on Tuesday on petitions filed by power distribution companies, with preliminary figures indicating a possible reduction of Rs1.93 per unit in electricity prices. A final decision will be issued after the hearing process is completed and the submitted data is reviewed.

According to details presented during the hearing, the proposed adjustment is based on major cost reductions under several heads.

Capacity charges declined by Rs36.83 billion during the quarter, while use of system charges and market operation fees fell by Rs11.24 billion. Another Rs23.51 billion reduction has been sought under incremental energy units.

Industry stakeholders who attended the hearing welcomed the potential relief, describing it as a positive development for consumers at a time when energy markets remain volatile globally.

Some participants said local policy measures had helped prevent the kind of tariff increases seen in other countries and stressed that any savings should continue to be passed on to consumers to support economic activity.

Industrialist Tanveer Bari said the expected Rs1.93 per unit reduction was encouraging and called for continued reforms to ensure efficiency gains in the power sector translate into lower consumer costs.

Stakeholders also highlighted structural shifts in the sector, noting that several older power plants are being retired while new generation capacity is being added.

They pointed out that Pakistan currently has installed generation capacity of about 45,000 megawatts, while actual power production remains near 25,000 megawatts, raising questions about planning, capacity utilization, and future demand growth.

Nepra is expected to announce its final determination after completing consultations with stakeholders and reviewing all relevant figures.