In the fiscal year 2022-23, Pakistan’s National Electric Power Regulatory Authority (NEPRA) granted a total of 1,596 net-metering licenses nationwide, collectively amounting to 221.05 MW of capacity, as reported by official statistics released by the Associated Press of Pakistan.
These licenses were allocated to consumers under the purview of nine different supply companies. Notably, the three companies that received the highest number of net-metering licenses were K-Electric (458), Lahore Electric Supply Company (331), and Faisalabad Electric Supply Company (183).
NEPRA (Credits: Business Recorder)
This figure represents a decline compared to the previous fiscal year, 2021-22, during which 7,032 net-metering licenses were issued, totaling 243.43 MW. Pakistan introduced net metering in 2015 and underwent its first update of the scheme in 2018.
Regarding tariff adjustments, NEPRA made revisions last year to reduce the tariff paid to net-metered households. However, the current tariff remains unchanged at PKR 19.32 ($0.069) per kilowatt-hour.
In terms of renewable energy adoption, according to the latest data from the International Renewable Energy Agency (IRENA), Pakistan had installed approximately 1,244 MW of solar power capacity by the conclusion of 2023.
