National Electric Power Regulatory Authority (NEPRA) documents have revealed that electricity has been made expensive by adding capacity charges, which will put a burden of billions of rupees on consumers.
According to NEPRA documents, the actual average production price of electricity is Rs6.73 per unit, while NEPRA has added Capacity Charges of Rs16.22 per unit to the production price of electricity, which increased the price of electricity from Rs6 to Rs22.95 per unit.
It should be noted that electricity is made expensive by adding capacity charges.
According to the documents, NEPRA has fixed the average unit tariff of electricity generation for the current financial year.
In the current financial year, 124.86 billion units of electricity is expected to be generated. The net production cost of electricity is expected to be Rs801.25 billion while capacity charges of Rs2,025 billion have been added to the cost of production.
According to NEPRA documents, the actual production cost of electricity from imported coal is Rs16.71 per unit and the production cost of electricity from imported coal has been fixed at Rs40.34 per unit by adding capacity charges of Rs23.
Similarly, the cost of generation of electricity from furnace oil with capacity charges has been fixed at Rs48.56 per unit and the cost of electricity from LNG has been fixed at Rs51.42 per unit.