Solar panel installers are being taxed or not? Power Division Releases Important Announcement – Business & Economy

The Power Division has denied reports of imposing a fixed tax on solar panel installers.

It was reported yesterday that the Central Power Purchasing Agency (CPPA) has proposed to levy a tax on residential or commercial solar panel installers and its summary has been sent to the power ministry.

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Sources in the Ministry of Energy had said that 2,000 rupees per kilowatt from domestic or commercial solar panel installers, 2,000 rupees per kilowatt from grid solar panels of 12 kilowatts and 24,000 from consumers installing 12 kilowatt solar panels. It is likely to receive Rs., and it has been sent to Prime Minister Shehbaz Sharif for his summary approval.

However, now the spokesperson of the Power Division has denied the news saying that the department has not sent any such summary to the government, adding that there is no truth in the news of imposition of fixed tax.

In the statement of Power Dosion, it has been said that following 2017, solarization has increased very rapidly, due to the installation of massive solar panels by the rich, the poor consumers are being affected. The rate will increase by 3 rupees 35 paise.

The statement further said that there is a need to give new rates following the rapid increase in solarisation. For which the entire system is being studied.

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The statement said that such proposals and amendments are under consideration to benefit the poor and save them from further burden.

According to the announcement, the investment of customers with net metering of 150 to 200,000 will be protected.