The federal government has finalized a national plan to distribute energy-saving fans on easy, interest-free installments in an effort to curb soaring electricity consumption and provide financial relief to citizens.
The initiative, approved by Prime Minister Shehbaz Sharif, will be formally announced in the upcoming Budget 2025-26, according to sources in the Ministry of Finance.
Under the plan, households across Pakistan will be able to replace conventional AC fans with energy-efficient DC fans through bank-supported financing. The cost of these fans will be recovered through monthly electricity bills.
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The government is also expected to consult with the International Monetary Fund (IMF) regarding the structure and implementation of the scheme, as it involves financial subsidies and support through banks.
Replacing old fans with energy-efficient ones is projected to save up to 5,000 megawatts (MW) of electricity — a significant reduction that could ease the burden on the national grid during peak summer months.
“The prime minister has directed ministries concerned to prepare various proposals for reducing electricity bills for the public,” a senior finance official told reporters. “This fan replacement scheme is a key part of that vision.”
Sources say this is one of several relief-oriented measures being considered for Budget 2025-26. Prime Minister Sharif is said to be keen on offering tangible economic relief to households.
