Tuesday, July 2, 2024 03:24 PM
NEPRA reveals growth in net metering capacity, signaling a shift towards sustainable energy practices and embracing renewable sources like solar panels and wind turbines.
Recently, NEPRA officials revealed that the net metering capacity in IESCO has hit 160 megawatts, playing a crucial role in the country's total of 2,000 megawatts. This achievement signifies a major step forward in embracing renewable energy sources in the region.
In the first quarter of 2024, there was a noticeable drop in electricity demand across various distribution companies. This decline hints at a potential transformation in how energy is consumed and underscores the increasing significance of sustainable energy practices.
Net metering allows consumers to generate their electricity through renewable sources like solar panels and wind turbines. Any excess electricity produced can be fed back into the grid, providing a dual benefit of reducing bills and promoting clean energy.
The progress in net metering capacity and the shift in electricity demand patterns highlight a positive shift towards sustainable energy practices. As more regions embrace renewable energy, we move closer to a greener and more environmentally friendly future.