Green Meter Tax Introduced in Pakistan 2024 [ Update ]

Green Meter Tax

If you are generating electricity from Solar Panels then you have to pay tax. Yes! Green Meter Tax implements on electricity that is locally produce at homes and entities from sun. All you need to know about solar duty is present here in detail.

Green Meter Tax Motive

The government of Pakistan wants to generate profit from green meters and electricity that is produce by public solar panels. This is a method to bring prosperity to the country. Because the higher amount of tax government collect then maximum number of government projects can be start in the future. In the energy sector of Pakistan this tax will help to increase the number of power generators and the government will decrease the per unit price. In Pakistan, the home installed solar panels and the green meters will help the lower and middle-class people by paying the tax. Hence, implementing the tax and bringing the prosperity in energy sector through that revenue is the motive of Green Meter Tax.

New Policy and Subsidy Rationalization

According to the Green Meter Tax Policy, the subsidy will be provide to the energy sector and the poor folks will get relief. Now the government is providing the subsidy to the public on the energy sector from the national budget. But after generating the revenue from the new green meter tax policy the government burden of subsidy will decrease. Hence whether a poor or rich electricity user will get both will get equal benefit from the new government policy.

Public Reaction On Solar Duty

Public reaction on solar duty is not so good so far. The public is demanding to end this tax as soon as possible. As the sun is a source of generating unlimited renewable energy without any pollution. That’s why, the public thinks it is the right of every common person to generate electricity and use the home appliances on solar panels. As you know, both the rich businessmen and common individuals were investing maximum money in solar energy systems to generate maximum energy. But now after the implementation of the new tax policy, the solar panels market has gone down and also this policy is discouraging individuals to buy new solar panel systems.

If this issue continues then renewable energy and the latest solar panel technology will not be adopt by the public warmly. This will cause us to slow progress in the energy sector. On the other hand, the high amount of electricity bills is causing many businesses to end.

Importance Of Solar Energy

Imposing a tax on the solar panel’s energy generated by the public is not a wise decision because this energy is very important and has many benefits. Solar energy is one of the easiest ways of creating energy and it also don’t produce any type of pollution. On the other hand, other energy production methods consume gas, oil, and coal which is costly and also causes pollution. Hence, this method is environmentally friendly.

See: 8800 Solar Panel Scheme

Strengthen Energy Security

We have to admit that solar panels and the energy that is produce from sun is giving benefit to Pakistan. Relay on fossil fuels for the production of costly electricity by using power stations is no further needed. That’s why, we can say that solar panels have strengthened energy security. This can also reduce the production cost of electricity and everyone and get energy by installing solar panels. New jobs and other great business opportunities are rising the interest of the public in the solar industry.

Solar Panels Long-Term Benefits

Solar panels give long term benefits by producing free electricity every day non-stop. On the other hand, no need to replace the solar panels after the selected period because their efficiency remain the same even with the passage of time. This act will reduce electricity bills. Because in the day time, you will use a load of your home at direct production of electricity from solar panels. On the other hand, at the night time you can use the batteries that you have charges at day time from the solar panels energy.

See: احساس ویب پورٹل آن لائن رجسٹریشن

Green Meter Tax Details Table

Tax:Details
Size:Tax applies according to solar panel system size
KV:Tax will apply according to system production
Survey:Officials will survey before implementing tax
Tax Pay:You have to pay tax in bank or through the app

Conclusion

Everyone is talking about the Green Meter Tax. That is going to be implemented on Solar Panels installed in the houses. Few people appreciate this step so that national tax revenue will increase and it will bring prosperity. On the other hand majority of the public is not happy with the decision of tax. However, the fact is that we have to admit that no other method is more easy and working to produce electricity than solar panels. Hence, we have to give subsidies so that the public install more and more solar systems in their houses, shops, and other commercial areas.

What is Green Meter Tax in Pakistan?

The Green Meter Tax is a new type of tax. That will be implemented on those individuals. Who are producing electricity from solar panels and have green meters installed on their houses.

Why government is going to implement a new tax?

This new tax duty on green meters is going to apply soon just because to generate revenue from a new source.

What is the reaction of the public to this solar tax?

Public reaction is negative. Yes! People don’t think that the Solar System is owned by the government. They think that everyone has the right to generate electricity from the sun.

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