What’s Next for Pakistan’s Solar Net Metering Policy
The Federal Government of Pakistan has recently announced a potential revision to the country’s solar net-metering policy, aimed at reducing losses in the power sector. Federal Minister for Energy Sardar Awais Ahmad Leghari highlighted the significant changes in the solar net metering landscape, where the payback period for solar investments has drastically reduced from three years to just one to one and a half years. This revision could have profound implications for solar companies in Pakistan and their customers. Understanding Solar Net Metering Solar net metering is a billing mechanism that allows consumers who generate their own electricity using solar panels to send excess energy back to the grid. In return, they receive credits on their monthly electric bills. This system has been pivotal in promoting the adoption of solar energy in Pakistan, leading to significant savings for solar users and contributing to the overall energy mix. The Evolution of Solar Net Metering in Pakist