The Solar Association has strongly criticized the government’s decision to lower net metering rates, calling it a major setback for the renewable energy sector.
During a press conference, Solar Association Chairman Adil Mahmood accused the government of backtracking on its commitments to promote solar energy. He pointed out that officials, including the President and Prime Minister, had previously encouraged solar investments but are now reversing their stance.
“For years, they urged people to invest in solar energy. Now, they’re selling electricity at Rs. 54 per unit while expecting solar producers to settle for Rs. 10 per unit,” he stated.
He warned that this policy shift could lead to huge financial losses for those who have already invested in solar power. Mahmood also criticized the government for making this decision without consulting key stakeholders.
The association has demanded the immediate reversal of the new rates, stressing that sustainable energy policies are essential for long-term progress. Mahmood urged authorities to rethink their decision to ensure the solar industry remains viable and continues contributing to the country’s energy needs.