No final decision on changes to net metering policy, clarifies Power Division

LAHORE: The Power Division said on Thursday that no final decision has been made regarding changes to Pakistan’s net metering policy, stating that the consultation process is still ongoing and various proposals remain under consideration.

The Power Division spokesperson said it was premature to form an opinion regarding reports that buyback rate for net metering consumers may be reduced to Rs10 per unit, adding that the matter still needs to go before the prime minister and no final outcome has been reached. Sources in the Ministry of Energy said that a principled decision had been taken to revise the net metering policy. A summary on the matter has been prepared and will be presented to the federal cabinet for approval after the budget. Among the proposals under review is a suggestion to reduce the per-unit cash payment to solar consumers from the existing Rs27 to Rs10, according to sources.