Economy

Awais Leghari Says Net Billing Policy to Apply Only to New Solar Users

Federal Minister for the Power Division Awais Leghari said on Wednesday that there would be no change in the net metering policy for at least one month. He made the remarks during an interview on private tv channel.

The federal minister said the decision was taken on the directive of Prime Minister Shehbaz Sharif. He clarified that the net billing policy would apply only to new solar consumers, while existing solar users would remain unaffected. He added that coalition partners of the government were also opposing the move to end net metering for solar consumers, noting that even his wife opposed the policy.

It may be recalled that the National Electric Power Regulatory Authority (NEPRA) had earlier announced a reduction in the rates at which electricity is purchased by the national grid.

Under the new regulations, existing solar consumers will continue to sell electricity to the national grid at the previous rate of Rs25.32 per unit. However, for new solar consumers, the rate for electricity sold to the national grid will be reduced by Rs17.19 per unit.

Prime Minister Shehbaz Sharif had taken immediate notice of the issuance of the new solar-related regulations by NEPRA a day earlier.

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