Solar net metering: Power division refutes speculations on policy

Business Jun, 5 2024
Solar net metering: Power division refutes speculations on policy
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ISLAMABAD: Power division refuted speculations regarding ending solar net metering policy. Power division spokesperson refuted news regarding ending net metering policy, as fake and baseless.

News channels should have contacted Ministry before airing ‘unverified’ news items, spokesperson said. Power division stated that it has not received instructions on net metering policy from Prime Minister so far. Speculations sparked after Energy Minister Awais Leghari said that government of Pakistan will revise net metering policy.Addressing press conference, Minister for Energy Sardar Awais Ahmad Leghari pointed out that country was facing an issue of solar net metering these days.  “Initially, citizens installing solar systems would recover their investment in three years, but now they are recovering their investment in just one to one and half years,” he said.He said that PML-N-led government had encouraged solarisation in 2017 and currently, 113,000 connections were present on net meters. Awais Leghari clarified that while government is willing to review solar net metering policy if needed, it supports continuation of scheme. 

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