- Punjab government promotes solar energy to combat rising power costs.
- Citizens consuming up to 200 units of electricity will receive free solar systems.
- Those using 200 to 500 units can access interest-free loans for solar panel installation.
Under this new initiative, citizens consuming up to 200 units of electricity will receive free solar systems. Those using between 200 and 500 units can access interest-free loans for solar panel installation, making it easier for more people to transition to renewable energy.
This move comes at a critical time as electricity tariffs continue to rise. This week, the average basic electricity tariff was approved to increase from Rs29.78 to Rs35.50. Additionally, the National Electric Power Regulatory Authority (NEPRA) reported a staggering Rs403 billion loss in Pakistan’s power sector during the financial year 2022-23.
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By promoting solar energy, the Punjab government aims to reduce dependence on fossil fuels and create a more environmentally friendly landscape. This initiative not only benefits citizens by lowering their energy costs but also contributes to a cleaner and greener future for all. The shift to solar energy is expected to have a lasting positive impact on the environment and the economy of Punjab.
