Tuesday, June 25, 2024

Govt denies mounted tax studies, hints at revising charges

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Several solar panels can be seen in this photo.  — AFP/File
Several photo voltaic panels will be seen on this picture. — AFP/File

Denying a report claiming that the federal government is planning to impose a set tax on solar energy, the Power Division on Saturday mentioned there isn’t any fact to the information.

Reports are circulating on social media platforms {that a} abstract has been moved to introduce a set tax on photo voltaic electrical energy. Reports additional said that the CPPA proposal proposes to levy a tax of Rs2,000 per kilowatt on these putting in photo voltaic panels for residential or business functions.

In a press release, the division clarified: “The Central Power Purchasing Agency or Power Division has not despatched any such abstract to the federal government on this regard.”

Explaining the tariff minimize for photo voltaic web metering, the ability division, nevertheless, mentioned that the prevailing system promotes dangerous funding within the sector.

“Rich folks set up photo voltaic panels extensively.”

The energy division’s assertion got here as photo voltaic panel charges fell by greater than 60% in latest weeks as a result of massive imports from China.

Domestic, industrial customers and the federal government should bear the burden of Rs 1.90 per unit below the top of subsidy leading to affecting 25 to 30 million consumption, based on the assertion.

“If this pattern continues, the payments of poor customers will go up by no less than Rs 3.35 per unit,” the ability division warned.

It mentioned that the “Net Metering Policy 2017” is aimed toward selling various power within the system.

The solarization course of has witnessed a pointy improve after the coverage, the division mentioned, including that your entire system is below overview.

“Now, somebody has to announce a brand new fee.”

The division additional mentioned that ideas and modifications are being thought-about to avoid wasting the poor customers from extra burden.



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