Significant revisions to the net metering legislation and solar tax

Net metering has not been banned by the government, the minister declared in a statement.

Net metering policy is not scheduled for review, he stated, and any modifications will come about following consultation.

According to Malik, in order to overcome obstacles and boost the economy, the government is supporting alternative energy projects, such as renewable energy initiatives. Negative political behavior will be revealed, he said.

He stressed that the government is continuing with its collaboration with the International Monetary Fund (IMF) and that no decision has been made regarding taxes on solar systems.

Following his announcement that the Pakistani government will be reviewing the net metering regulation, Energy Minister Awais Leghari aroused speculation.

The nation’s current problem with solar net metering, according to Federal Minister of Energy Sardar Awais Ahmad Leghari, was brought up during a news conference.

“In the past, individuals who installed solar systems would need three years to recoup their investment; today, it only takes one to one and a half years,” he stated.

Currently, 113,000 connections are on net meters, according to the minister, who stated that the PML-N-led administration promoted solarization in 2017.

To be clear, the government favors the continuation of the solar net metering program, but it is open to reconsider the policy if necessary, according to Awais Leghari. “We intend to implement efficient measures to eradicate the threat of electricity theft in order to lessen the financial strain on the national exchequer,” he continued.