The energy landscape in Pakistan is set to witness a significant change as Federal Energy Minister Awais Leghari recently announced an additional cost burden of Rs4 per unit due to net metering Independent Power Producers (IPPs). This development comes amid ongoing efforts to support flood relief and maintain stability within the power sector.

At a press conference in Lahore, Minister Leghari addressed key concerns about the rising costs and assured the public of the governmentโ€™s commitment to minimizing hardship. He reiterated that the government remains devoted to aiding electricity consumers affected by recent floods, highlighting Lescoโ€™s generous Rs20 million donation for flood victims.

Despite the challenges, Leghari denied any political interference in the power sectorโ€™s operations, emphasizing transparency and accountability in managing the countryโ€™s energy resources.

This price adjustment primarily reflects the added financial load imposed by net metering agreements with IPPs, which allow consumers to generate their own electricity and feed surplus power back to the grid. While this policy encourages renewable energy use, the minister warns that it now contributes to a Rs4 per unit increase passed on to end-users.

For consumers, this means a gradual adjustment in electricity bills. Still, the government promises ongoing support and relief measures, particularly for those impacted by natural disasters like the recent floods.

Stay connected for more updates on how these changes might affect your energy consumption and what relief initiatives are in store from the government.

Headlines  SECP submits sugar mills shareholders’ data to NA subcommittee