Solar net metering is a billing mechanism that allows solar energy system owners to receive credit for excess electricity generated and added to the grid. It was introduced in Gujarat, India in August 2015, and allows residential and commercial customers to install solar systems up to 50% of their sanctioned load. The policy benefits consumers by providing financial credits for extra solar power produced without needing battery storage or backup generators.
2. WHAT IS SOLAR NET METERING?
A billing mechanism which allows
solar energy system owners to get
the credit for the electricity they add
to the grid.
3. For Eg. The total usage of a residential
customer is 250 units. If a residential
customer has a PV system installed on
the roof top and generates 100 units
then he has to pay only for 250-100=
150 units.
5. BENEFITS OF SOLAR NETMETERING:
1. Financial Credit for Extra Solar Power Produced
2. No Battery Storage System Needed
3. No Backup Generator for when Solar Power is Not
Available
4. Seasonal Storage – Solar Power Produced in Summer
Saves on Winter Costs
5. No Maintenance – Solar Power Without Hassles
6. Solar Net Metering is available for
the first time in India in GUJARAT
and it was applicable since AUGUST
2015