Energy Minister Muhammad Ali has affirmed that the interim government hasno intentions of reducing solar net metering rates. During a recent pressconference, Minister Ali clarified the government’s stance, emphasizing itscommitment to maintaining the current net metering rates. Instead, thegovernment’s primary objective is to curtail the prevalence of power theftacross the nation as a means to ultimately reduce electricity costs.
In addition to addressing power theft, the federal minister identifiedanother factor contributing to elevated electricity bills in August—thesurging exchange rate of the US dollar in July. This unforeseen economicfluctuation had an impact on consumers’ utility expenses, furtherunderscoring the government’s determination to stabilize the energy sector.
Furthermore, Minister Ali disclosed that a “special electricity tariff”specifically designed for traders will be unveiled by the government beforeOctober 31, 2023. This move aims to provide relief to businesses andstimulate economic activity. Moreover, the caretaker government is activelycoordinating efforts to ensure a stable gas supply for industries duringthe impending winter season, recognizing the importance of uninterruptedenergy for industrial operations.
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It’s noteworthy that despite the relatively low adoption of net meteringunits, constituting less than 1 percent of the total energy acquired bydistribution companies (DISCOs), the advantages of net metering aresubstantial. These benefits encompass the displacement of more expensiveelectricity from distribution companies, savings in foreign exchangeexpenditure, and improvements in grid efficiency. As such, the government’scommitment to maintaining net metering rates aligns with broader efforts toenhance energy sustainability and affordability.
