Pakistan’s Economic Coordination Committee (ECC) has approved a new policy for electricity purchases from net metering consumers, lowering the rate from Rs27 per unit to just Rs10 per unit. This decision comes after a significant increase in the number of homes and offices in Pakistan installing solar panels to generate their own electricity, a trend driven by escalating power outages and rising electricity costs in recent years. The government’s new policy aims to address the economic burden placed on general consumers due to the growing number of net metering users. "The attack on regular consumers due to net metering has created an additional economic burden, and this policy was approved to alleviate it," said a government spokesperson. According to official data, the number of net metering consumers in the country is expected to reach 283,000 by the end of 2024, up from 226,440 in October 2024. The government has calculated that, by December 2024, net metering consumers w...