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The country’s apex trade body has voiced strong opposition to the government’s recent decision to reduce the buyback rate for solar net-metering electricity from Rs27 per unit to Rs10 per unit.
Public entities like schools, local government buildings, public water treatment plants have until April 2026 to install and interconnect solar projects to secure more lucrative net energy metering ...
However, the recent amendments—including the shift from net metering to gross metering and a significant cut in the purchase rate of solar-generated electricity— pose serious risks to the ...
"The problem is that net metering forces cooperative and municipal ... excess power from homeowners’ overbuilt systems at retail rates, even though utilities could purchase power at a lower ...
but stopped paying when the district changed hands and the new owners raised the rates. Alexander Robertson, one of the attorneys suing LADWP, said the argument doesn’t make sense, especially ...
The debate unfolded after Miftah Ismail accused the federal government of reneging on its promises to rooftop solar power users by slashing the rates at ... purchased from net-metering consumers ...
The net lease market is continuing to adjust to the higher rate environment, navigating the challenges of elevated borrowing costs and inflationary pressures. According to The Boulder Group’s ...
Earlier this month, the government had reduced the buyback rate by two-thirds to Rs10 per unit and scrapped net billing to stop the renewable energy growth through solar net metering amid high ...
Effectively, none of these households are affected in any way whatsoever in the recent revision in net-metering regulations ... higher than the risk-free rate in the country.
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