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flag Punjab cuts electricity rates by up to Rs 1.50 per unit starting April 1, 2027, saving consumers Rs 7,851.91 crore.

flag Punjab has slashed electricity tariffs effective April 1, 2027, reducing rates by 50 paise to Rs 1.50 per unit across domestic, commercial, and industrial sectors, providing Rs 7,851.91 crore in relief. flag The Punjab State Electricity Regulatory Commission approved the move, lowering the average power supply cost to Rs 6.15 per kWh. flag Domestic users benefit up to Rs 1.50 per unit, commercial users up to 79 paise, and industrial consumers up to 74 paise. flag A low EV charging rate of Rs 5 per unit, among India’s lowest, supports clean transport. flag The reforms aim to ease household and business costs while maintaining financial stability in the power sector and supporting economic activity ahead of the state elections.

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