The government has decided to limit net metering contracts to five years and reduce the buyback rate for surplus electricity to Rs. 10 per unit, with periodic revisions when the authorities feel they’re losing money, reported Business Recorder.
The move follows criticism from net metering consumers over the sharp reduction from Rs. 27 per unit.
The National Electric Power Regulatory Authority (NEPRA) has been directed to revise the buyback rate based on the National Average Power Purchase Price and update settlement mechanisms. Exported units will be purchased at the approved rate, while imported units will be billed at peak or off-peak rates. Consumers will receive credits for excess electricity but will not be allowed to cash them out.
Distribution companies must conduct studies within six months to set hosting capacity limits on each transformer and feeder. NEPRA will also enforce updated inverter standards requiring new net metering consumers to install compliant inverters with grid interaction features, remote monitoring, and anti-islanding protection.
The revised framework also mandates that net metering capacity cannot exceed a consumer’s sanctioned load. If export levels exceed 10 percent of this limit, surplus units will not be credited. The government argues that net metering consumers currently avoid fixed charges, contributing to rising electricity tariffs.
In FY24, net metering reduced sales by 3.2 billion kWh. This shifted the financial burden of Rs. 101 billion onto other consumers and increased tariffs by Rs. 0.9 per unit.
This financial impact is projected to grow, with a sales reduction of 18.8 billion kWh by FY34, translating into an additional burden of Rs. 545 billion and raising tariffs by Rs. 3.6 per unit.
so basically in a perfect world, we should be moving to solar tech for self sustaining and improvement in economy, but because their profit margins are going down due to such improvement, they are now willing to cut legs of this one positive thing happening in pakistan.. If people start moving to solar panels, in theory a good Govt should start passing out tax free solar kits to everyone so outdated means of electricty and Govt departments should cease to exist and those employees should move to other departments… But since they’re sitting there to make money from general public and not service general public, this is the perfect solution they come up with… TAXES ARE SCAM, GOVT IS CORUPZT, PEOPLE SHOULD BE SELFISH AND STOP WASTING THEIR TIME BEING A PRO COUNTRY AND SHOULD BE FOCUSING ON BEING PRO FAMILY.
so basically in a perfect world, we should be moving to solar tech for self sustaining and improvement in economy, but because their profit margins are going down due to such improvement, they are now willing to cut legs of this one positive thing happening in pakistan..
all simple comments bhi moderated? yar apni website ka name dictatorshippakistan bana do :
bunch of bonduus running the show.
wow this is so sad . clean energy is being discouraged just for profit of few IPPs .
Again
1. It’s not 27/ unit. It’s 19/ unit.
2. Govt knows it cant do anything or decrease electricity prices. They are just causing collapse of solar industry.
3. Govt is causing net metering users to sell at cheap but but at high causing even more losses and plunging country into an economic spiral.
Policy makers have no idea what to do
Is not 27 rs/ unit . It’s 19rs / unit .
Also censoring my comment won’t stop reality
Its 27. I got my KE bill yesterday and excess units are purchased by KE at Rs. 27.
We don’t use KE in rest of pakistan.
Well good news
Imf won’t give any climate financing now . Since pakistan doesn’t contribute to climate help. Solar is gone.
People should get rid of them, go with off-grid.
They will find a way to punish pff grid systems too. Awam ka faida ni hona chaye bas.
What do you mean 5 years ?
What happens after 5 years ? Where does the electricity go ?
Imf condition for finance
“expanding renewable energy adoption.” How can you expand it if you limit net metering ?
The power sector which incurred losses of Rs 660 billion due to inefficiencies and poor performances is crying about the reduced sales of Rs. 101 bn.
Why no fuss about the remaining Rs. 560 bn? Why they do not want to talk about their own poor performances?
Bas awam ka faida nhi hona chaye baki khair hai.
How smart is our ministers they are buying 10 rs / unit and selling 61rs / unit and said still we are burden for them …better we move lithium batteries
This country is for investors first they import and than sell all their goods and than impose taxes on it for consumers
Government is blackmailed by IPPs, putting pressure on common people. Solar energy is much cheeper than coal & furnace oil providing by ipps. Further capacity charges are not overburdening pakistani,s. All nepra and politicians telling lies.