IESCO consumers may sell extra power to company

ISLAMABAD: Consumers can now sell their surplus electricity to the power distribution companies at lucrative rates in the capital after the Islamabad Electric Supply Company (Iesco) awarded over 40 net-metering connections having a capacity 1.8 megawatts.

Hence consumers, who were generating surplus power through solar or wind systems, can now sell this excess electricity back to power distribution companies at off-peak rates.

The model follows similar experiments in several countries – especially those in Europe. Apart from allowing consumers to benefit from their power generating systems, it would help government overcome unending power deficit.

Iesco is the first power distribution company which has offered its customers to sell their extra electricity, said Iesco CEO Bait Zama.

Published in The Express Tribune, May 20^th, 2017.