Power minister defends move to abolish net metering as in line with law amid Senate fury
Power Minister Awais Leghari on Tuesday defended the power regulator’s changes on rooftop solar and net metering during a furious Senate session that criticised the decision, saying the new regulations were aimed at protecting poorer consumers. The government is currently facing political backlash as the National Electric Power Regulatory Authority (NEPRA) abolished exchange of electricity units in solar net metering. At present, the buyback rate for solar net generation is Rs25.9 per unit which may be reduced to Rs11 per unit. The contract period has been reduced from seven to five years. The burden of capacity payments is being shifted to solar consumers now. Under the new rules, utilities will be required to purchase excess electricity from prosumers, households, businesses and industries generating up to one megawatt at the national average energy purchase price, while selling electricity back to them at the applicable consumer tariff, effectively ending on...