NEPRA Proposes Installment-Based Electricity Bill Payments
Islamabad, Pakistan — In a move aimed at alleviating the financial burden on electricity consumers, the National Electric Power Regulatory Authority (NEPRA) has proposed allowing electricity bills to be paid in multiple installments throughout the year. This would replace the current system, which permits only one installment annually.
The proposal, part of amendments to NEPRA’s Consumer Service Manual, seeks to balance the financial needs of consumers with the revenue requirements of power distribution companies (DISCOs).
Key Highlights of the Proposal
- Multiple Installments:
NEPRA’s proposed amendments would allow electricity consumers to split their bill payments into multiple installments within a year. - Markup-Free Installments:
Consumers who make timely payments on their first installment will not incur any additional markup. - Markup on Delayed Payments:
A 14% markup may be charged by DISCOs on subsequent installments if they are delayed. - Public Feedback:
NEPRA has invited public and stakeholder feedback on these amendments within seven days of the announcement.
Balancing Consumer Relief and Revenue Needs
The proposed changes are designed to provide financial relief to consumers while ensuring DISCOs can meet their revenue requirements. By offering an installment-based system, NEPRA aims to ease cash flow challenges for households and businesses that struggle with lump-sum bill payments.
These amendments reflect NEPRA’s ongoing commitment to balancing the needs of consumers and energy providers. The Consumer Service Manual was last amended in June 2024, showcasing NEPRA’s adaptability to evolving consumer and industry demands.
Next Steps
NEPRA has urged all stakeholders, including the general public, to provide their feedback on these amendments. The proposed changes could mark a significant shift in utility payment structures across Pakistan, offering much-needed financial flexibility to consumers.
Conclusion
NEPRA’s proposed installment-based electricity bill payment system represents a forward-thinking approach to utility management in Pakistan. If approved, these amendments could reduce financial stress on consumers while maintaining revenue stability for DISCOs.
For more updates on this and other developments in Pakistan’s energy sector, stay tuned to our blog!
