A dramatic decrease in electricity demand in Lahore has left the Lahore Electric Supply Company (LESCO) facing a significant challenge. The surge in solar panel adoption, coupled with high electricity prices, has slashed demand to unprecedented lows, forcing consumers to brace for hefty bills even during the winter months.
LESCO sources report that current electricity demand has plummeted to approximately 1700 megawatts, a stark contrast to the peak demand exceeding 5000 megawatts during similar periods in previous years. This drastic reduction is attributed to a combination of factors, including the closure or solar energy conversion of many large industries and the widespread adoption of solar panels in hundreds of thousands of homes across Lahore.
The reduced electricity consumption, however, is not translating into lower bills for consumers. Sources within LESCO warn that the fixed capacity charges will now represent a larger portion of the total bill, resulting in consumers paying similarly high amounts as they did during the peak summer months.
Energy expert Muhammad Yaseen expressed serious concern over this sharp decline in demand, stating that it is a deeply troubling sign. He urged the government to immediately address the issue by lowering electricity prices. Mr. Yaseen emphasized that only by making electricity more affordable can the government stimulate industrial consumption and restore demand to healthier levels. He further noted the government’s failure to reduce electricity bills.