The government has briefed the International Monetary Fund (IMF) about plans to change the country’s solar power policy, Geo News has reported.
According to the government, almost 1938 MW of electricity in the system through roof-top solar system under net metering mode.
Because of this revenue loss of Rs100 billion in the system has been shifted to consumers by passing a hike of tariff to Rs1.90 per unit on those who have not installed solar systems on their roofs.
The government intends to introduce gross metering instead of net metering.
The tariff would be reduced to Rs7.5 to 11 per unit instead of Rs21. They will be provided electricity from the national grid at Rs60 per unit during night or peak hours.
However, under this new policy, a buyback tariff from solar consumers would be brought down to Rs7.5-11 per unit due to a significant decline in solar panel prices and the government would sell them electricity from the national grid at Rs60 per unit during night time or peak hours.
