Business

LESCO reduces electricity export rate of net-metering

Published by
Staff Reporter

LAHORE: Lahore Electric Supply Company (LESCO) has reduced the electricity export rate for net‑metering consumers under a revised billing policy effective from the January 2026 billing cycle.

The export credit per unit has been cut by 66 paisa, bringing it down from Rs 25.98 to Rs 25.32 per unit. The change follows directives from the Ministry of Energy and aligns with recent regulatory updates in Pakistan’s power sector, reflecting a reduction in the purchase price that utility companies pay solar users for the excess electricity they export to the grid.

LESCO’s official notification states that export of units beyond the approved Distributed Generation (DG) capacity will be restricted, with excess units proportionally limited based on that capacity.

Net-metering customers need to register their Maximum Demand Interval (MDI) readings correctly because any incorrect data will create billing problems. Solar exports that qualify for credits will be accurately tracked through CP-22 regulation controls, which will monitor their export units.

Energy experts note that this reduction will result in lower financial advantages for solar net-metering customers because they will receive smaller payments for the surplus electricity they send to the grid.

Across Pakistan, net metering installations have expanded rapidly in recent years, with solar customers helping to meet a growing share of electricity demand.

The solar net metering system in the LESCO service area generated a major part of demand, which reached its peak in mid-2024. LESCO has directed all relevant officers to immediately implement the new billing instructions to ensure compliance with the latest billing cycle.

Staff Reporter

Recent Posts

Court orders restoration of PTI’s election symbol Bat

MUZAFFARABAD: The Azad Kashmir High Court has ordered the restoration of the Pakistan Tehreek-e-Insaf (PTI) election…

8 minutes ago

Iranian Rial Latest Rate in Pakistan – June 24, 2026

KARACHI: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It…

16 minutes ago

Latest Gold Rate in Pakistan – June 24, 2026

KARACHI: The price of gold in Pakistan has decreased by more than Rs 10,000, according…

22 minutes ago

PTA warns users against sharing unlawful online content

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…

12 hours ago

Iranian President lauds Pakistan’s peace efforts during key meetings

ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…

13 hours ago

Govt approves reduced property tax rates, new income tax slabs for salaried class

ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…

14 hours ago