Pakistan, July 14 -- ISLAMABAD - The government has decided to replace the net metering system with gross metering, significantly reducing the buyback rate for solar electricity to ease financial pressure on the power sector.

Under the new solar energy policy, the buyback rate for electricity generated by new solar users will be reduced to Rs11.33 per unit-about one-third of the base tariff, which stands at Rs34 per unit. This change aims to address a Rs103 billion financial burden caused by net metering.

However, current solar users already connected to the net metering system will continue to receive the old rate of Rs27 per unit. This ensures that their earlier investments in solar energy remain secure and unaffected by the new prici...