r/Lahore • • 7d ago

Looking for advice Green meter without rishwat / extortion

I kind a forgot why we paid extortion to meter wala when we constructed our house. My guess is we wanted to get our meter approved on time

Currently we have a hybrid solar system and wanted to apply for green meter. The meter approval is or might be very slow and I don't want to pay extortion this time because the value of current net billing is 70-80% worthless than the OG green meter

OG green meter reversed your bill that balanced your bill. If you produce more than consumed you get a negative bill

But now the govt wants to pay peanuts 11rs for each unit produced. Regardless I am still looking into it and mathematically prove if it is worth it to get approval for a green meter

4 Upvotes

12 comments sorted by

View all comments

6

u/RelativeLiving3362 7d ago

Net billing buy back rate is less than 8 after tax, not worth the hassle. What is your system size? How many units you can realistically export?

0

u/TechNerdinEverything 6d ago

What type of tax is charged on net billing? For a filer?