BAD NEWS FOR NET-METERING USERS
ISLAMABAD:
The government has decided to tighten regulations for solar net metering users in a second attempt, after the first one faced a strong backlash and was blocked by Prime Minister Shehbaz Sharif.
Under the new plan, the government will abolish the zero-bill facility for solar net metering by introducing various measures. Additionally, consumers will be allowed a sanctioned load of 1.0x, down from the current load of 1.5x. This means they will be forced to switch to hybrid solar systems by using lithium batteries.
Under the current net metering system, the consumers share electricity with power distribution companies (DISCOs) at a buyback rate of Rs27 per unit. However, as part of the new plan, the government is seeking to end this electricity sharing system and DISCOs will pay only Rs10 per unit to the rooftop solar owners who have a net metering system.
Experts believe this will lead to an additional expenditure of $1 billion on the import of lithium batteries every year.