Electricity Unit Price in Pakistan | Factors Influencing Bijli Cost

Electricity is an important component used in our homes and offices. Almost all the devices we use are powered by electricity. Many users want to know about the prices of electricity. Electricity prices in Pakistan depend on various factors and all of them are regulated by the National Electric Power Authority (NEPRA). Understanding the cost of units of electricity helps with its usage and costs. There are many factors that directly affect the cost of electricity.  So before the use of electricity it is very important to understand the electricity unit price in Pakistan today.

Current Electricity Unit Price in Pakistan

The increase in electricity power units in Pakistan causes huge bills. Unit price of electricity is always increased by NEPRA and it is under the supervision of the state government. Generally,  domestic electricity per unit price in Pakistan costs up to Rs.62. industrial electricity 1 unit price in Pakistan costs up to Rs 65. Unit price of electricity varies for residential, industrial and commercial customers. The electricity unit price in Lahore , in Islamabad and in Punjab will be different. This is latest electricity unit price in Pakistan today by WAPDA.

Factors Influencing Electricity Prices

The decrease or increase in electricity price depends on various factors, some of them are listed below. 

electricity unit price in Pakistan image

Supply and demand

Like any other product, the price of electricity also fluctuates according to supply and demand. If the demand is high, the supply will also increase. And thus the price of the units will also increase. On the contrary, if there is a decrease in demand, then the price will also decrease.

Infrastructure and transmission cost

Infrastructure, building manufacturing costs and transmission costs can increase the cost of electricity ie building a power supply plant, extending a transmission line increases the cost.    

Fuel price Like coal

Natural gas and renewable fuels like wind, light, and water also play an important role in this matter. The increase or decrease in their prices also directly affects the previous prices.

Consumer behavior 

Consumer behaviour also affects electricity prices i.e. if consumers will save energy and use K electric appliances that consume less electricity, this will save a lot of electricity and obviously the price of electricity will also decrease.

Government policies 

The government policies directly influence the price, they continue to influence the price of electricity in the form of taxes, subsidies etc. 

Weather

Weather has always had a huge impact on electricity prices. That is, if the weather is very hot, the demand for electricity will increase due to the increase in temperature and thus the price will also increase. Also, weather changes like storms and floods will disrupt the power system and it will cost a lot to set up again. And this will adjust the price of electricity and all this in the form of electricity bill.

Impact of Electricity Prices on consumers

High electricity bills increase household expenses. As soon as the electricity bills increase, it becomes a problem for the consumers as the electricity bills are paid by avoiding any other need or important work. This affects the life system a lot. Due to increase in electricity bills, energy shortage is also faced because due to high bills, people try to use less electrical appliances. In this way, they use less electricity in the saving cycle so that they can avoid high bills. Those who can afford it are increasingly moving to solar panels energy.

Factors Influencing Electricity Prices

Most of the industries are dependent on electricity, so due to the increase in electricity bill, their profit decreases significantly. This is particularly troubling for businessmen as the increase in electricity bills reduces their savings.

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Electricity Providers in Pakistan

Following are some main electricity providers in Pakistan,

  • Gujranwala Electric Power Company also know as GEPCO
  • Hyderabad Electric Supply Company also known as HESCO
  • Lahore Electric Supply Company also known as LESCO, Check your LESCO duplicate bill.
  • Multan Electric Power Company also known as MEPCO
  • Faisalabad Electric Supply Company also known as FESCO
  • Islamabad Electric Supply Company also known as IESCO
  • Peshawar Electric Supply Company also known as PESCO

How Can Your Electricity Bill Be Calculated?

Calculating the electricity bill is very easy. For this, first of all use electricity unit price calculator and calculate current electricity unit price in pakistan and this price should be in local currency (in rupees). There is a formula for calculating the electricity bill. 

Total bill = total units × cost per unit. 

For example, if the units consumed are 300 kWh and the cost of one unit is Rs.20, then the total bill will be generated as. 

Total bill= 300 KWhx20PKR = 6000 PKR

Apart from this, the calculation of the electricity bill can also be done from the meter reading. Further increases in electricity bills are due to taxes, charges and other government policies that may be added to the bill.

Recommendations for Consumers

Following are some important tips for consumers using electricity. 

  • Electricity should not be used unnecessarily. For example, if something is not in use, it should be switched off, such as light bulbs.
  • Electronic appliances should be used in the house which are better i.e. which do not consume much electricity. 
  • Air conditioners surf a lot of electricity so try to use fans. If not needed, keep the bulbs off and use the fans to a minimum.

Conclusion

Although Pakistan is an under-developed country, electricity unit price in Pakistan also increasing day by day. It is very important to implement the policies made by the government to reduce the electricity prices. Such as promoting renewable energy, saving energy, improving its efficiency and implementing government policies. Numerous electricity providers are also working in Pakistan, whose aim is to provide timely electricity to consumers. The electricity bill depends on the grid, wires, government taxes etc. to provide the electricity.

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