Power division refutes reports of fixed tax imposition on solar power

Power division refutes reports of fixed tax imposition on solar power
Source: File Photo

Islamabad (Web Desk): The Power Division on Saturday refuted reports of imposition of fixed tax on solar power.

In a statement, the power division stated there is no truth in the reports of solar power fixed tax.

“The Central Power Purchasing Agency (CPPA) or power division has not sent any such summary to the government in this regard,” the statement said.

“The Net Metering Policy of 2017 was aimed at promoting alternative energy in the system,” it said, adding that there has been a phase where the solarization has increased very rapidly.

The power division said that such proposals and amendments are being considered to save the poor from further burden.

The statement affirmed to protect the investment of 150 to 200 thousand net metering consumers.

Earlier, it was reported that the CPPA has recommended imposing a tax on individuals and businesses installing residential and commercial solar panels.

The proposal suggests levying a tax of Rs2,000 per kilowatt on those installing solar panels for residential or commercial purposes.