New Solar Policy Finalized: New Solar Buyback Rate Announced for 2025

New Solar Policy Finalized: New Solar Buyback Rate Announced for 2025
The government has finalized the much-anticipated solar policy for 2025, bringing clarity to the revised per unit buyback rate for solar energy users across the country.
What’s New in the Policy?
According to the updated framework, net metering users will now be compensated at a new per unit rate. The finalized policy aims to balance incentives for solar producers with the national grid’s sustainability and financial needs.
New per unit buyback rate for 2025
This means users feeding excess electricity into the national grid will now be paid at the newly approved rate. While exact numbers may vary by region, the rate is lower than previous years, prompting mixed reactions from solar users and investors.
Why the Change?
Authorities argue that the revised rates were necessary to ensure long-term viability of the national energy mix and reduce circular debt. The new solar policy also outlines updated guidelines for net metering installations and system audits.
Reactions from Solar Community
Many homeowners and businesses who invested in solar systems under previous policies have expressed concern over reduced financial returns. However, the government insists the changes were made to support both clean energy and economic stability.
What Should Users Do Now?
Existing solar panel owners are advised to re-check their net metering contracts and monitor their monthly units. New applicants should review the updated policy details before proceeding with installations.
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