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The Power Division on Wednesday rejected reports claiming that the government might take a decision to end the net metering policy.

“There is no credibility in the news about ending the net metering policy circulating on various channels,” read the Power Division statement.

“No instructions have been received from the prime minister regarding the net metering policy,” it said.

Net metering policy likely to be revisited: Leghari

The Power Division added that the channels reporting such news should have taken its point of view “before spreading misleading news on various channels”.

Recent weeks have seen much confusion prevail with respect to the government’s existing solar net metering policy, which was enacted in 2015.

Back in April, Business Recorder, citing its sources, reported that the government was mulling rationalisation of buyback rates of net metering electricity to Rs11 per unit from current rates of Rs21 per unit.

“The current trend of installation of net metering across the country has misbalanced the government’s plan to pay capacity charges from the consumers as rich segment is converting it to net metering,” the sources said then.

According to the sources, there is an impression in the Power Division that whatever advantage the consumers could get they have availed it, and now the damage has begun in the country’s power sector.

Understanding net metering, gross metering, and net billing: Pakistan needs sustainable practices

Net metering allows consumers to utilise the electricity generated by their in-house solar systems.

Any surplus electricity is sent to the grid, and consumers receive credits or monetary compensation at an agreed-upon rate (currently Rs19.32/kWh).

This system offers higher savings, simplified billing, and energy independence. However, it impacts utility revenue and comes with significant infrastructure costs.

Comments

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Imran Jun 05, 2024 06:38pm
These rumors are being spread by solar import mafia to raise prices before budget so consumers rush to install solar systems at much higher rates as there is glut in local as well as in intl. market
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Maqbool Jun 05, 2024 07:01pm
The case should be to increase Net Metering rates equal to the billed cost of electricity, as no transmission lines have been built to transfer the electricity from IPPs to consumers+ Nor action taken
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EQ Jun 05, 2024 08:05pm
So they where in a hole for so many weeks when this news was circulating. Couldn't they give this press release earlier.
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Imran Jun 06, 2024 08:36am
Whole article speaks itself that the Govt policies are always against the ppl facilitation
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Zahoor uddin Jun 06, 2024 10:48am
@Maqbool, This is the real game , without generation they got paid. Govt was knowing that without transmmion line capacity , it's no use to install IPP's. Corrupt to the core nation , infact we are.
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Zahoor uddin Jun 06, 2024 10:53am
Pakistan is 3rd or 4th country, affected by global warming. Solar energy helping to reduce global warming . But govt discouraging it ? What a poor vision.
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Zahoor uddin Jun 06, 2024 10:57am
@EQ, Public showed a strong reaction to it. This act was like to corner the people , already suffering with high electricity bills . When a country is unsustainable, expect such stupidity.
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