Islamabad: The federal government has officially reduced solar net metering rates to Rs. 10 per unit, a move that is expected to impact thousands of solar energy consumers across Pakistan. The decision comes as part of the government’s efforts to address financial challenges in the power sector and reduce the burden on electricity distribution companies (DISCOs).
Previously, solar users who fed excess electricity back into the national grid were compensated at higher rates, making solar energy a financially attractive option. However, the new rate reduction may discourage further investments in renewable energy, as consumers will now receive lower returns for the surplus electricity they generate.
Industry experts and renewable energy advocates have raised concerns, stating that the policy change could slow down Pakistan’s transition to clean energy. Many believe that instead of cutting incentives for solar power, the government should focus on promoting sustainable solutions to reduce dependency on fossil fuels.
Meanwhile, energy officials defend the move, arguing that the new rates will help maintain grid stability and prevent financial losses for power distribution companies. However, many solar consumers fear that the decision could increase their payback period, making solar installations less economically viable.
The policy shift has sparked debate among stakeholders, with many urging the government to reconsider its decision to support the country’s growing renewable energy sector.
