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Home Breaking News

Govt likely to impose tax on users of solar panel

byCT Report
27/04/2024
in Breaking News, Lahore, Latest News
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LAHORE: The Central Power Purchasing Agency (CPPA-G) has suggested the government to impose a tax on both residential and commercial consumers who have installed solar systems.

Sources told that the CPPA-G has sent a summary in this regard to the Ministry of Energy (Power Division).

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CPPA-G has proposed imposing a tax of Rs. 2,000 per kilowatt on both residential and commercial solar panel users.

According to sources, users using 12-kilowatt panels will have to pay tax to the tune of Rs24,000. The ministry has sent the summary to the prime minister for approval.

Sources further said that the summary for rationalization of buyback rates of net metering electricity is also under consideration.

Once the summary is approved, an application will be lodged with the National Electric Power Regulatory Authority (NEPRA) to decrease the buyback rates of net metering electricity.

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