Power minister renews push to slash solar net metering

Power minister renews push to slash solar net metering

Awais Leghari proposes delay in payback to ease grid surplus.

Government Proposes Reduction in Solar Net-Metering Incentives

The Power Division is working on a new proposal to extend the payback period for solar net metering from the current 1.5 years to around 2 or 3 years. The aim is to bring more balance to the energy market and address what officials see as excessive profits from rooftop solar systems. The proposal is expected to be presented to the federal cabinet within the next two weeks. Federal Power Minister Awais Leghari has clarified that this change will …

Govt to Cut Solar Returns, Offer Surplus Power to Industries

Pakistan’s Power Division is working on a proposal to reduce financial returns on solar net metering, making it harder for solar panel owners to recover their investment quickly. The plan, spearheaded by Power Minister Awais Leghari, aims to extend the break-even period from 1.5 years to up to 3 years, significantly dampening the incentive to […] The post Govt to Cut Solar Returns, Offer Surplus Power to Industries appeared first on TechJuice.