Electricity Bills in India
Ignorance is bliss. My day was going great till the time I did some research on my last electricity bill.
From my total electricity bill amount, only 57% is energy consumption charge.
Remaining amount was for:
Wheeling Charge: 15%
Fuel Adjustment Charge: 10%
Government Taxes: 16%
What I found out was, wheeling charge is Electricity Supply Companies (ESCOMS) take for distribution channels. And Fuel Adjustment Charge is ESCOMS adjustment for increasing coal/raw material prices.
All this while Adani Power reported Net Profit of Rs 4,911.58 crore in March 2022 , up from Rs 1,269.98 crore last year!
And the government decided to raise FAC charges last month:
How does nobody talk about all this?