Fears that the federal government was working on significant changes to the Net Metering Regulations to completely abolish the system and replace it with a gross metering system to discourage solar use and force customers to return to extremely expensive grid electricity have also contributed to price increases.
According to reports from last week, Pakistan’s prime minister, Shehbaz Sharif, has ordered that solar net metering be discontinued and that homeowners that install solar systems will be subject to fixed fees.Thus far, the Power Division has refuted these reports.
In Pakistan, solar energy costs have surged by Rs. 8 per wattage in the few days preceding the announcement of the government budget for 2024–25.As dealers prepare for new taxes on the industry in the upcoming budget, solar panel costs have increased.
On Wednesday, June 12, 2024, the federal government is anticipated to present the new budget.
A 180W panel costs Rs. 1,440 as of June 2024, whereas a 588W plate costs between Rs. 4,000 and Rs. 5,000. Notably, this month’s rate increase is greatest for smaller panels, with wattages between 180 and 280 W.
