Overview
- Energy Minister Awais Leghari announced three-phase smart meters fell from about Rs45,000 to Rs25,000, while single-phase units are cheaper by Rs7,000.
- Officials attribute the reductions to internationally competitive bidding, regulatory changes at the Pakistan Engineering Council, removal of entry barriers, and bulk purchasing by Discos.
- The government links the lower prices and a replacement drive to estimated annual national savings of roughly Rs150 billion.
- Consumers are expected to see relief through lower amounts in demand notices for new electricity connections, subject to implementation by distribution companies.
- Authorities say cheaper smart meters will speed digitalisation and improve operations, including accurate readings, theft detection, prepaid options, real-time data access, and faster restorations.