Pakistan recently introduced a new energy market system, allowing consumers the freedom to choose their electricity suppliers. This initiative represents a shift towards a competitive energy market, promising benefits like reduced energy costs, increased efficiency, and enhanced consumer choice. Here’s a detailed look at how this system works, its potential impacts, and how it positions … Read more
Introduction The energy sector in Pakistan faces mounting challenges, including rising electricity costs, power shortages, and a heavy reliance on imported fossil fuels. Recently, the World Bank issued a report advocating for Pakistan to strengthen its renewable energy integration to counter these issues. The report underlines that a robust transition to renewable energy, backed by … Read more
Pakistan’s electricity tariff landscape has seen numerous adjustments this year, mostly in the form of increases due to rising global fuel prices and fiscal pressures. However, the government has recently announced a slight reduction in electricity tariffs for November through a Monthly Fuel Cost Adjustment (FCA), offering modest relief to consumers. Although it does not … Read more
In an era where energy efficiency and accurate billing are paramount, the Islamabad Electric Supply Company (IESCO) is taking significant strides to enhance customer satisfaction. In response to growing concerns about billing accuracy, IESCO (Smart Meter) has initiated the testing of smart meters across various regions. These innovative devices are designed to provide precise readings, … Read more