Photo voltaic power: Govt denies fastened tax studies, hints at revising charges

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A number of photo voltaic panels may be seen on this image. — AFP/File

Refuting a report claiming the federal government plans to impose fastened tax on solar energy, the Energy Division on Saturday mentioned there isn’t any fact to the information.

Experiences have been circulating on social media platforms {that a} abstract had been moved to introduce the fastened tax on photo voltaic electrical energy. The studies additional mentioned that the CPPA’s proposal suggests levying a tax of Rs2,000 per kilowatt on these putting in photo voltaic panels for residential or industrial functions.

In an announcement, the division clarified: “The Central Energy Buying Company or Energy Division has not despatched any such abstract to the federal government on this regard.”

Hinting at chopping tariff for photo voltaic web metering, the facility division, nevertheless, mentioned that the prevailing system is selling unhealthy funding within the sector.

“The well-off individuals are massively putting in photo voltaic panels.”

The facility division assertion got here because the charges of photo voltaic panels plummeted by over 60% in current weeks as a result of bulk imports from China.

The home, industrial shoppers and the federal government should bear burden of Rs 1.90 per unit underneath the top of subsidy which resulted affecting 25 to 30 million consumes, as per the assertion.

“If this development continues, the payments of poor shoppers would surge a minimum of Rs 3.35 per unit,” warned the facility division.

It mentioned the “Web Metering Coverage 2017” was aimed toward selling different power within the system.

The solarisation course of witnessed a pointy improve after the coverage, the division mentioned, including that the entire system was being reviewed.

“Now, there’s a must announce a brand new charge.”

The division additional mentioned that proposals and amendments have been being thought-about to save lots of the poor shoppers from additional burden.



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