Tapu Rayhan

My dear friend let me correct you one by one so that the misinformation is stopped 1.There is no gross metering proposed in the new policy so your entire tax calculations are wrong. (We are implementing Net Billing , while gross metering is very severe and requires additional metering infrastructure as all the units generated have to be exported). In Net billing the consumer still has the option to consume at source during day time which is compensation at off peak rates ie., PKR 42/unit. If the consumer increases his day time consumption at source then his compensation will be at PKR 42/unit and only export units will be at PKR 10. 2.There is no tax on Export of Units (those bought by DISCOs from consumers).The taxation is only at electricity units supplied by the DISCOs. So, the rate will remain 27 per unit for the old and Rs.10 per unit for new net-metering consumers. 3.⁠My friend you are calculating data for the Financial year 23-24. That is now 8 months old and we are providing you latest upto date data. Please note that total Net Metering capacity is approximately 4GW. This 4GW grid connected Net metered capacity produces around 6 TWh of energy annually. Currently, the difference between the net-metering buyback rate (PKR 27/kWh) and the national average Energy Purchase Price (PKR 9.72/kWh) stands at PKR 17.28/kWh. This disparity results in an annual financial burden of approximately PKR 10 billion, due to the excess 573 GWh sold by net-metering consumers to the national grid as of February 2025. Now out of these 6TWh of energy generation , approximately 20-30% of energy ( 1.2TWh) shall be consumed at source. This is also the revenue loss of DISCOs due to reduced electricity sales which acts as a stranded costs. We are left with 4.8TWh of energy which is fed back to the grid to be used later at night. The true worth of this 4.8TWh of energy is approximately the solar LCOE which is USc 3.5per unit or the National Average Energy Purchase Price ( PKR 9.72/kWh) approximately. Thus, the actual worth of this 4.8TWh of energy is PKR 48 billion. However, this energy is adjusted ( not at PKR 9.72/kWh but at off peak rate of PKR 42/kWh) during night time when thermal power plants run and the unit marginal production cost is high which is PKR 42/ unit and even at times much higher ( depending upon seasonal variation) . This means that solar unit produced during the days which is worth PKR9.72/kWh has to be adjusted with a unit of value PKR 42/kWh or even above as per the old Net Metering regime. Some part of this 4.8TWh is saved as excess and is credited to consumer at PKR 27 . This quantum is 0.5TWh. The burden of this 0.5TWh is approximately PKR 10 billion. Now of course this PKR 32 differential has to be borne by someone (the non net metered consumers) in form of tariff increase. The total value of burden of this 4.2TWH units ( 4.8TWh-0.5TWh) comes out to be approximately PKR 135 billion ( 4.2TWh x PKR 32/unit). Adding the burden of 0.5TWh to this makes the total figure to PKR 145billion. It is important to clarify that this PKR 150 billion is not a direct loss, but rather a burden shifted onto non-net-metered consumers. The installed capacity of 283,000 net-metering consumers is above 4,100 MW for which the Grid is maintaining backup of same capacity to provide them electricity in non-solar hours having implication of PKR 150 billion annually (expected to reach PKR 545 billion annually by 2034), being paid by non-net metering consumers as per the current mechanism. Therefore, it is unfair for grid consumers to bear the backup cost of net-metering consumers. We are working towards an equitable power sector, where each consumer should bear its own burden rather than shifting it to other consumers. 4.Our Government is promoting solar and there is no doubt about it. The Government is committing a quantum of 8GW of distributed solar in the IGCEP. However, we are taking steps to ensure that this 8GW shall be added in a reliable and affordable manner rather than causing technical and financial difficulties for power sector consumers. After all we are responsible for each and every 40 million grid consumers as well that you are ignoring.