Rejecting speculation, the federal minister of federal energy Sardar Awes Ahmed Laghari on Sunday claimed that the new policy would increase the number of solar net-meter consumers.
Earlier this week, the Cabinet’s Economic Coordination Committee (ECC) amended the buyback tariff of solar roof consumers, which per unit per unit per unit per unit.
Speaking Live news‘Program’ Naya Pakistan ‘, the Energy Minister believed that the solar consumers would recover the cost of installing the solar system in about four years, which is usually known as a peback period.
The minister said that the government never discouraged solidarization, saying that they did not tax the solar panels.
During the last 1.25 years, the spread of solar on the system was 1500mw to 2000mw, he said, he was hoping that about 1200mw solar power would enter the system every year.
Responding to a question, the minister said that new rates will be implemented to consumers who will apply for pure-metering in future, saying that it will not apply to existing consumers.
When she asked about former Finance Minister Mifts Ismail’s claim that the government would impose 18% tax on the export unit, the minister said that it was “misinformation” and his calculation was wrong. He clarified that there would be no tax on the export unit.
Quoting MIFTAH, Anchorson asked that the burden on grid consumers was 34 billion rupees last year, how does it shoot up to 1450 billion rupees? He said that due to economic condition and pure metering, the number of grid consumers decreased but the capacity payment remained unchanged.
The minister said: “The capacity payment grid is divided on the total number of consumers. Therefore, the total burden increased to 1550 billion. ,
In a major policy change, on March 13, the cabinet ECC revised the buback tariff of solar rooftop consumers for Rs 10 per unit.
This decision came to light of a significant increase in the number of solar net-metering consumers, with the financial implications concerned for grid consumers, this couple.
“As part of approved changes, ECC has revised the buyback rate from the National Average Power Purchase Price (NAPP), which is in rupees per unit.”
However, it was clarified that the revised structure would not apply to consumers with existing net-meter “who has a valid license, consent or agreement under NEPRA (optional and renewable energy) distributed generation and net metering regulations, 2015”.
The statement reads, “Any such compromise will remain effective until the end of the license or agreement, which also occurs earlier.
In addition, the committee approved the proposal, subject to the cabinet’s perception, to allow the National Electric Power Regulatory Authority (NEPRA) to modify this buyback rate from time to time, ensuring that the framework remains flexible and aligns with the market conditions.
Additionally, the ECC also approved an update for the settlement mechanism. Under the new structure, units imported and exported will be treated separately for billing purposes.
Exported units will be purchased at a revised buyback rate of Rs per unit per unit, while imported units will be billed on inclusion, taxes and overloads of summit/off-pick rates, taxes and overloads applicable during the monthly billing cycle.
The ECC authorized the power division to release the proposed guidelines, subjected to the NEPRA to join the applied regulatory structure, ensuring clarity and stability in the implementation of these amendments.
This decision follows a comprehensive discussion on the increasing influence of solar net-metering on the national power grid.
