The federal government has decided to remove the PTV fee from electricity bills, according to news reports. Right now, around 40 million electricity consumers pay a fixed PTV fee of Rs 35 every month. This fee brings in about Rs 1.5 billion each month.
Now, the government has decided to end this fee, which means people will no longer have to pay it in their electricity bills. This will provide big relief to millions of people across the country who are already suffering from high inflation and rising electricity costs.
An official announcement is expected soon. Sources say that Prime Minister Shehbaz Sharif will make the final declaration.
NEPRA Remove PTV Fee From Electricity Tariff
In another good news for consumers, the National Electric Power Regulatory Authority (NEPRA) has also approved a reduction of Rs 1.50 per unit in the basic electricity tariff. The new average tariff will now be Rs 34 per unit.
NEPRA has sent its decision to the federal government. The new rates will start after the government issues an official notification.
Why Government Removed PTV Fee
According to sources in the Ministry of Information and Power Division, this decision is part of a bigger plan to reduce the burden on the public. Rising electricity prices and inflation have made life hard for ordinary people. By removing the PTV fee and reducing electricity rates, the government wants to give some relief to families, businesses, and industries.
The PTV fee removal will apply to all categories of electricity consumers, including domestic, commercial, and industrial connections.
Final Words
This step will help millions of people save money on their bills. The government says it will continue to find more ways to reduce costs and support people during this difficult time.