Pakistan faces a serious power shortage, and the lack of electricity generation has already inflicted critical losses to the country’s business and economy. In one of its kind move, the Islamabad Electricity Supply Company (IESCO) has launched a project for generation of electricity through a solar meter.
The project costs around Rs300,000 and is capable of generating some 3 kilowatt of electricity a day. Other than that IESCO has also started the net metering system in twin cities Islamabad and Rawalpindi, the local media reported.
Through this net metering system, consumers can produce their own electricity via solar power and use it for their needs. Whereas, the excess can be sold to IESCO itself, the move came as IESCO seeks to buy surplus solar energy from its customers.
As per reports, the net metering project allows automatic addition of surplus power into Water and Power Development Authority’s (Wapda) system. Eventually, the amount of surplus electricity is cut off from the monthly electricity bill, only if the consumer is willing to keep the Wapda connection.
As Pakistan needs to seek newer power avenues and unique solution, the latest step could help reduce the power shortages, besides being monetarily beneficial for the consumers.
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