Solar energy in Pakistan recently faced uncertainty when the Ministry of Energy and Finance proposed reducing the solar buyback rate from Rs. 27 to Rs. 10. This sparked doubts about the future of solar and unrest among consumers and businesses planning to switch to solar power. However, after 20 days of confusion, the Prime Minister stepped in and rejected the policy—bringing relief to many.
What Sparked the Solar Policy Confusion?
The initial proposal to slash the buyback rate led to concerns about the government’s commitment to renewable energy. Some vloggers and media outlets amplified the uncertainty, leaving potential solar adopters worried.
Fortunately, the Prime Minister’s intervention in the cabinet meeting clarified the government’s stance, reaffirming support for solar energy growth.
ECC approves amendments to net-metering regulations; new buy back rate set at Rs 10
Why Solar Energy Still Shines Bright
Despite the temporary setback, solar power remains a smart investment in Pakistan due to:
- Rising electricity costs – Solar helps reduce reliance on expensive grid power.
- Government incentives – Net metering policies still favor solar adoption.
- Long-term savings – Solar panels offer decades of low-cost energy.
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What’s Next for Solar in Pakistan?
With the buyback rate controversy resolved, the focus now shifts to expanding renewable energy infrastructure. Experts believe Pakistan must continue supporting solar to combat energy shortages and high tariffs.
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Final Thoughts
The brief policy scare tested the solar industry, but the future remains bright. With government backing and increasing public demand, solar energy will keep powering Pakistan toward a sustainable future.
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